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116 Corporate Finance BRILLIANT’S

Illustration 2.2.4
The comparative balance sheet of ABCL Corporation as on 31-03-2017 and 31-03-2018 are as
given below:
31-03-2017 VWm 31-03-2018 H$mo ABCL H$m°nm}aoeZ H$s VwbZmË_H$ ~¡b|g erQ> ZrMo Xr J`r h¡…

Liabilities 31-03-2017 31-03-2018 Assets 31-03-2017 31-03-2018
(bm¶{~{bQ>rO) (`) (`) (AgoQ²>g) (`) (`)

Share Capital Land & Building
(eo¶a H¡${nQ>b) 2,00,000 2,50,000 (b¢S> E§S> {~pëS>¨J) 2,00,000 2,40,000
General Reserve Machinery (‘erZar) 1,80,000 1,30,000
(OZ©b [aO©d) 40,000 70,000 Stock (ñQ>m°H$) 1,00,000 1,26,000
P/L A/c 32,000 39,000 Debtors (S>oãQ>g©) 80,000 64,000

BOD 1,60,000 40,000 Cash (H¡$e) 52,000 9,000
1,30,000
1,50,000
Creditors (H«o${S>Q>g©) NPP
Prov. for Taxation
(Q>¡³g Ho$ {bE g§M¶) 30,000 40,000
6,12,000 5,69,000 6,12,000 5,69,000

Additional Information: / A{V[aŠV gyMZm:
(i) During year 2018 dividend paid ` 42,000.
df© 2018 H$s Ad{Y _| ^wJVmZ {H$`m J`m {S>{dS>|S> ` 42,000 h¡&

(ii) Assets of Rex Co. were purchased for a consideration of ` 50,000 payable in issue of
shares. These were Land and Building of ` 25,000 and Stock ` 25,000.
aoŠg H§$nZr H$m AgoQ²>g eo`g© Ho$ Bí`y _| Xo` ` 50,000 H$m {dMma H$aHo$ IarXm J`m h¡& BZ‘| b¢S> VWm
{~pëS>¨J ` 25,000 VWm ñQ>m°H$ ` 25,000 h¢&

(iii) Dep. Written off on Machinery ` 12,000 and on Land and Building is ` 22,500.
_erZar na ` 12,000 VWm b¢S> VWm {~pëS>¨J na ` 22,500 H$m S>o{à{gEeZ [aQ>Z Am°\$ {H$`m h¡&
(iv) Income tax paid during the year was ` 35,000.
df© H$s Ad{Y _| ` 35,000 Ho$ Am`H$a H$m ^wJVmZ {H$`m J`m h¡&

You are required to prepare a Cash Flow Statement from the above maintained details.
AmnH$mo D$na ~Vm`o J`o {ddaU go H¡$e âbmo ñQ>oQ>_|Q> V¡`ma H$aZm h¡&