Programme Code : MP
Course Code : ms-04
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Year : 2014 Views: 629 Submitted By : awdhesh singh On 15th March, 2014

Do you have solution for this Question. If yes    I aslo want solution.

Q.


5. Following are the balance sheets of a limited company as on 31st December, 2000 and 2001.







Liabilities 2000

Rs. 2001

Rs. Assets 2000

Rs. 2001

Rs.

Share Capital 54,000 74,000 Goodwill 3,000 2,520

Reserves 13,000 15,500 Buildings 50,950 48,000

P. & L. A/c 8,600 8,800 Plant 35,000 43,000

Bank Loan (Long-term) 25,000 - Stock 25,500 18,800

Creditors 28,000 24,000 Debtors 22,000 16,200

Bills Payable 8,000 8,500 Cash 150 180

Bank - 2,100

1,36,600 1,30,800 1,36,600 1,30,800



Taking into account the following additional information, you are required to prepare funds flow statement and statement of change in working capital.



(a) Dividend paid was Rs. 6,000.

(b) Rs. 3,600 was written off as depreciation on plant and Rs. 2,950 on buildings.

(c) Profit on sale of plant was Rs. 3,000.


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