for rem ere mre vaunes ror enange in wontng Gapran ¢ Exynan 41. “A funds flow statement is a beter substiute for an income statement Discuss. ABEA) | From the following Balance Sheets of Kalinga Ltd., Prepare Statement of Changes in Working Capital. © scanned with OKEN Scannernunge Anes Sk verre) ators (Trade Recerables) Tenporay Maretable Secure Tot An. Net increase in W.C.& 12,000] EEIZ) From the following information, prepare a Statement Showing Changes in Working pal Ta a Nr : < ° ile a Rta 7000 00 ad som sano ie 1,20,000 87,000 reclame) 10.000 35000 Prin 7000 15000 Trade Cre 3.0 samo ~ ls Payte 45000 so, Loans Payable during 2020) 35,000 20000 Cop 20000 Statement of Profit Loss 1,50,000 125000 {Ae Net Increase in WC. 4000) 75000 oso ‘000 30000 12000 28,000 00 i200 ‘Ponte Pw Anaya, © scanned with OKEN ScannerSe Dan Cade Reeve) Zim - ss “You are required to prepare a statement of changes in working capital. ana Net Decresein WC. 9450] (am oval for sation bas natbeen en crest bay} ENE) Dusng ne yer ded 319-21 San. flowing: Provsonforbd ets sures rien ff Proton set fine acount on debentures writen Leon sae ives Pray expec writen Dividend Paid “raaer to dabertre redemption rer¥8 Dividend received ‘Calelate Funds rom Operations ans Funds trom Operations 282.20 © scanned with OKEN Scanner aso eared a profit of € 185,720 afte adusting theenema oo ee Fram Le favor =e | TaD By ey ence of Machine | Eipmantiemme te Saaee roe ae, (Ane Funda rom Operation :€ 1/6400) ‘With the help of the following informat operations Sane of Profit and Los alas) erat esr Prva fo Depreciation Cool Dnt on ee of 2% Dae ‘Daring the year ended 3132021, a piece of land was sold ata gain of £50,000, [Ans Funds Losin Operations €48 0) 19000 Calelate Funds from Operations for the year ended 31* March, 2021 ton about a company, eakclate funds from ame 10500 "5000 200 a0 $000 From the following Balance Sheet and additional information given, you are required to ‘Particulars: ae a a a oe Tey pabmrars Septal ae eeiiaiees pee. ae Necure er 30,000 20,000 Ch te ae ad " ‘58,000 | 62,000 ce 27900 | 35,000 vvamo| 13am ‘Total 2,98,000 259,500 — © scanned with OKEN ScannerSa Sere inion provided during te yar amounted @€ 135 {Ana Pande fam Operations 35.01 tan nm ta Pens vam “additonal Information o oa ng cng 00 er aes wee tain dapsnion proves on re pang coving € 5000 4 een 1000. rind et sures oppor of als ane. 0) sr Pang woth ® 0 ET i nd a ng el Cee temopente tts = xan tom bates re ee een Ree a0 ee 0 jaditonal Information a tt 100 we ring the Pear nce acotls 1 tans) isue of Eat ig sare Premium of © sp is a sce of Oocsemption DT o.oo isan applic! Cee Deter €=00 28 ure offs sin offs ‘Scanned with OKEN Scannerfered recived during the yea incding €2,00 from Sed to vestments A/c ering the yea for € 10,000 ormane aoe ta Soci te ae etme rg ‘ie rt immed ar Pete phe og I) arta mel se 0g se aSSso som Er Tad nd Bling mon saamo Soc amen) ‘0 m0 ‘ebon ade ect) ses 0 cane on = See Copa Sete of Positano co 230 Getto 3 om Norge = samo eS epee MSE ag ee eS cs pee eee ee eee te Patil 3m gay od ates Sas seer Pint Seep ce dup Steen Pend Ls 20000 2zoam Now-Current Liabilities 70900 50,000 Tr Deennne Cor an s2000 nam Crain Bisel 000 ow Onttanding Expenses 100,000 20,000 Assets ‘Total 20.000 25.00 ‘Non-Carent Ast, ‘580.000 500 Tenge ce Lat an in Mckay 220000 2000 13100 aoa a © scanned with OKEN Scannerstewie em cng aT a he ee cet iematssnaer Coane ea orcn agen aa i ess pent cing ache ot SE ay andl {Shareholders Fund ostarecapt (By Recoes ond Sops Touanee of Protrand La ete Bowing Ost) Curent abies (Tree Payables Creton) (Phar tem Previn, ‘Provan or Doo asset Tt Now aent Ast Yond Ase sp Tangible and) eae conte aanal formation Arend pat. Diving ey a on Woskng © scanned with OKEN ScannerV7 —| Neca At Lisi Net a (AC al For mule Deptt a ob j en zoo] aw count cee zoe| ha i Cori Cn guint Toul 2000 were purchased during 2020-21 for cash eee ee ated deprecation € 1,500), were sold at (a) Fae ases (erga cost 4000, accu weak vale (uy Deprecaten forthe year 221 amounted to € 5.800 which has been charged to Prot and Los Statement ) uring 200-21, dividends paid@ 3000. “ ‘ou are required to prepare a Statement of Source and Application of Funds. [ans lcrease in Working Capital 8700. Funds from Operations ® 17,500 ; Total of Sources and Application 82500 and€ 16000 respectively] EGE) From te blanceshet of XYZ Ld make outa statement of sources and application of ‘ands and schedule of changes in working capital. Particle SE Marek, | 3F Mara 210 |“ 2mace "gly ad bles 201 Shara Fans Bare Copia eserves and Supls 2200900) a0,m0 Stent of rt and Loss New Cire ti 20900] oan Daten . aaa, 100000] 200000 Payables (Creditors ) we | sapoo0| 125000 _ Total S00o00| 336000 Novae ft Fined Ass T | a0 00| aso EEE © scanned with OKEN Scannernt Flow Anata ance cae Meret sacasoree oe £00000; Total Applications € 1.40000) me) cw Equity and Wabi ‘Sharetlers Fands ‘Share Capital Reverves and Supls (General Reserve Statement of Profit and Los Now Curent Libis (i Debentures Bank Loa (Long te) } Curent Libis Partewlare “Trade Payables (Creston) Provision for Taxation assets Now curet Ase Pant at Cost ess: Depreciation Freehold Property Investments (Long =") coment venti Stckin-ta®) “rade Receivables (Deb) Cash and Cash Euivale's a i Note. Contingent Liabilities ‘You are required to Prepar ion of funds a and applica inn consideration nbelow isthe Balance Sheet of company a at 3° March 20 gm astatemen or gchesle of changes I his Prope Dien forthe ye Pe ae sono) 38000 ‘ul 00) ss showing the sue rial ater wing © scanned with OKEN Scanner‘rte Po Anta [tne oan for Taaton hs ben tested a an appropriation of profits Tid, prepare a statement of SOUFCE and Ppliton [EH Frome towing prarf AB LAL e() AB Leds sued 2000 ety shares of €100 each aa premium of €5 per shan anal he shares aly pa ly The company has redeemed preference shares of €2,00000 a premium of 5 (ti) Trade vestments are sold for € 0,00 resulting in a profit of 20,000. (is) Machinery was sold during dhe ear for € 40,00 resulting in a loss of 10.00, (o) Fine ase purchased or 10,00 (69) Dividend paid € 50000 an ince tox paid € 30,00. (vid Working capital of the company wat © 1.50000 on 1.42020 and € 2.00000 on 313.01 (i) Depreciation provided for the year was 80,00. () Preiminary expenses waitin off 5,00 (6) Casing blanc as per statement of profit and los was €65000 more than opening sg for ©5000 on whi, balance Fans. Net Increase in WC. € 50000; FEO. R. 170,00; Sources of Funds © 5,00 Application of Funds 430000) [BNIB] Me latowing she sumaria alan Sheet of Mr Lids at * March, 2021 ee ‘SE March, | 5° Mah anid | “2020 uly and aber a ‘StureCopital Roo Reserves and Sup: = cand General Reserve 18000) roa Statement of Profit and Lams No-Curent iti sa 10% Debentures Curent Latte | a0) zon Trade Payables Sundry Creitos) | Tax Provision aa] oe 5.00 | 400 Asset ats ‘Non-Cornt Asets Fhe Aste | les: rovision for Depreciation ae oo Long term investments 20009} sow) i anpeo | ane © scanned with OKEN Scannerse Pow Anayats ™ = Trade Recables (xb) Te iowrng arnt nk plc ding the year N02 (Dividend pa € 00 anime pi 5, 0) Proitonsae fest soul 10 (0) Aine st con € 500 on whch smelted deprecton 40 wl © 2,000. ee You ae rend to prepare a Face Pow Sater sd invioang ap [ane Net nese in WC. € 8500 Fad fr Operon € 27500 Tot of Sous nt Appian ands €2.0 ond €3400 rope “ex Povisn stem sone “The Summarised Balance Shet of Super Fast Li sat 1-3-2021 was Statement Showing Changes 4 follows: Equity and Lables ‘Shared Funds Stare Capital ‘Reserves nid Supls (General Reserve ‘Statement of Profit and Low ‘Now-Curent Libis Bank Loan Long teem) ‘Curent Lites “Trade Payables (Creditor) Provision for Taxation Assets ‘Non-Curent Ass Buildings Plant caren Ass inventories (Socks) “Trade Receivables (Deo) © scanned with OKEN Scanner‘ncaa dng amounted to& 15000. ake os ised Balance Sheets of A Ltd. 3 sist March, 20: fe ramet eth ane : rae am PP i galiy ane ae } =o as oe so hares 7 poate eae on eee ie ; - a 10,000 1 te a a ent = aa =e saw ee eae cal sa pn) 20 eee oa 1197;000| ‘Tal | 722.000 Adtoral information (0 Investment costing & 8,000 wer sold during the year 2020-21 for € 8500. (Provision for taxation made during the year 2020-21 was ® 9,000 (ii) uring the year 2020-21, part of fixed assets having book value of € 10000 were Dans te yo Ws book value of € 104 (iv) Dividend paid during the year 2020-21 amounted to 40,0. Prepare Funds Flow Statement forthe yer ended, 31° March 2020-21 tas. Increase in WC. & 27/00. Funds ti s from Operations & of Sources ant i €159000and anna Pat eaee f Sources a EES © scanned with OKEN Scannergariow Amare tnt (vestments are conser ae see eee = aavery van ws purchased in Mach 2071 6 Pe Sees made inmedintly and the atte ame £5 peach tg NT ‘uring te “tee proven or depres Tare to prepare a Funds Fl 00 Tua Soares € 9 You are re os wwe € 17000; Funds rom Operations € (A application = 86,00 the net year wills Te re prcase vendor or TO 3000, eo rent a5 21 jute in avin wate of 452100 05 in May, 2020 wm est of 2539000 28 net woking opal" nde om Ope ay rian Tosa of SUES me isan eee © scanned with OKEN ScannerFunds Flow hosts a 5] Te non-corent asc and ules of «Limited Comp GEES) Meee te ear 202021 Mar 3; 20 Ap 120 any ate given atthe beginning and Mar 3, 2081 Apr 1 iy z © © Ps Ferien naan ama Iason Dae, eG Se carnceyinaharese(XYZL. 600000 275800 Capital sock van, crieedearings 825000 40069 [occ umals Wo cian complete balance set data or an income stxterent forthe ye, ae a rarest og mT ged et coe. The pe pint cpap ning 8 wth Emeric se en oad a ee gpd men eee pee re ecco nd Aca aeecreaaey © scanned with OKEN Scanner