From the following Balance Sheet of JY Ltd. as at 31st March 2017, prepare a Cash Flow Statement:
Balance Sheet of JY Ltd. as at 31.3.2017
| Particulars | Note No. | 31.3.2017 (₹) |
31.3.2016 (₹) |
|---|---|---|---|
| I. EQUITY AND LIABILITIES: | |||
| 1. Shareholder’s Fund: | |||
| a. Share Capital | 5,00,000 | 5,00,000 | |
| b. Reserve and Surplus | 1 | 1,00,000 | (25,000) |
| 2. Non-Current Liabilities: | |||
| Long Term Borrowing | 2 | 2,50,000 | 1,50,000 |
| 3. Current Liabilities: | |||
| a. Short term Borrowings | 3 | 1,50,000 | 1,00,000 |
| b. Short term Provisions | 4 | 2,00,000 | 1,25,000 |
| TOTAL | 12,00,000 | 8,50,000 | |
| II. ASSETS : | |||
| 1. Non-Current Assets: | |||
| a. Fixed Assets: | |||
| i. Tangible Assets | 5 | 6,00,000 | 4,50,000 |
| b. Non-current Investments | |||
| 2. Current Assets: | |||
| a. Trade Receivable | 2,75,000 | 2,25,000 | |
| b. Cash and Cash Equivalents | 1,25,000 | 75,000 | |
| c. Short term Loans and Advances | 2,00,000 | 1,00,000 | |
| TOTAL | 12,00,000 | 8,50,000 |
Notes to Accounts
| Note Number | Particulars | 31.3.2017 (₹) |
31.3.2016 (₹) |
|---|---|---|---|
| 1 | Reserves and Surplus | ||
| Surplus (Balance in Statement of Profit & Loss) | 1,00,000 | (25,000) | |
| 2 | Long Term Borrowings | ||
| 10% Debentures | 2,50,000 | 1,50,000 | |
| 3 | Short-term Borrowings | ||
| Bank Overdraft | 1,50,000 | 1,00,000 | |
| 4 | Short-term Provisions | ||
| Provision for Expenses | 75,000 | 50,000 | |
| Provision for Tax | 1,25,000 | 75,000 | |
| 2,00,000 | 1,25,000 | ||
| 5 | Tangible Assets: | ||
| Machinery | 7,37,500 | 5,25,000 | |
| Accumulated depreciation | (1,37,500) | (75,000) | |
| 6,00,000 | 4,50,000 |
Additional Information:
Rs. 1,00,000, 10% debentures were issued on 31.3.2017.
Marks-6, CBSE:2017-18/Main/Q-23