Preparing the statement of cash flows using the direct method would be a simple task if all companies maintained extremely detailed cash account records that could be easily. 36000 on its long term borrowings. A Net Profit for the year 2006 amounted to Rs. Plant at WDV. Following are the Balance Sheet of Krishtec Ltd. Cash and Cash Equivalents at the end of the. BALANCE SHEET as on 31st March 2016. As at 31 st March 2018 and 2017. Income statement Sales 420000 cost of goods sold 294000 gross profit 126000 salaries expense 48000 depreciation expense 12000. 62 Benefits of Cash Flow Statement Cash flow statement provides the following benefits.
Compute the Cash Flows from Operating Activities from the following particulars. The following five items may cause a difference between the balance sheets cash account and the statement of cash flows and adjustments must be made. Cash Flow from Financing Activities. Accounting questions and answers. Provision for depreciation on it Rs. As on 31 March. You are required to prepare a Cash-flow Statement. Cash flows from operating activities. Transcribed Image Textfrom this Question. Cash Flow Statement A cash flow Statement contains information on how much cash a company generated and used during a given period.
Prepare a Cash Flow Statement after taking into account the following adjustments. The statement is comprised of three sections in which are presented the cash flows that occurred during the reporting period relating to the following. Cash Flow from Financing Activities. Issue of Share Capital. A statement of cash flows contains information about the flows of cash into and out of a company and the uses to which the cash is put. Cash and Cash Equivalents at the end of the. The statement of cash flows acts as a bridge between the. As on 31 March. These items should be reflected in the statement of cash flows. The cash account on the balance sheet should reflect the total cash available to the firm as calculated on the statement of cash flows.
You are required to prepare a Cash-flow Statement. Prepare Cash Flow Statement on the basis of information given in the Balance Sheets of Relga Ltd. Cash and Cash Equivalents in beginning of the period. A statement of cash flows contains information about the flows of cash into and out of a company and the uses to which the cash is put. From the following information prepare cash flow statement for Yogeta Ltd. Cash flows from operating activities. The statement is comprised of three sections in which are presented the cash flows that occurred during the reporting period relating to the following. Preparation of Cash Flow Statement as per AS 3 From the following information prepare Cash Flow Statement as per AS 3 for the year ended 31122006. And the additional information as on 31st March 2016 prepare a Cash Flow Statement. Issue of Share Capital.
Repayment of Long-Term Loan 500000 Net Cash Used in Financing Activities 500000 D. Preparing the statement of cash flows using the direct method would be a simple task if all companies maintained extremely detailed cash account records that could be easily. As on 31 March. Income statement Sales 420000 cost of goods sold 294000 gross profit 126000 salaries expense 48000 depreciation expense 12000. 10000 was sold at a loss of 50 on book value. 36000 on its long term borrowings. Compute the Cash Flows from Operating Activities from the following particulars. As at 31 st March 2019 and 31 st March 2020. Accounting questions and answers. Prepare Cash Flow Statement on the basis of information given in the Balance Sheets of Relga Ltd.
