Page 118 - Corporate Finance PDF Final new link

118 Corporate Finance BRILLIANT’S

Dr. Machinery A/C Cr.

Particulars Amount Particulars Amount
(`) (`)

To Balance b/d 1,80,000 By Depreciation 12,000
By Cash (Bal. Fig.) 38,000
By Balance c/d 1,30,000
1,80,000 1,80,000

Land and Building A/C
To Balance b/d 2,00,000 By Depreciation 22,500
To Share capital 25,000 By Balance c/d 2,40,000
To Cash (Bal. Fig.) 37,500
2,62,500 2,62,500

Illustration 2.2.5 NPP
Jycee Motors Ltd. has offered you the following particulars for the preparation of Cash flow
Statement for the year 2017-18 as per AS-3 (indirect method.)
O`gr _moQ>g© {b{_Q>oS> Zo AS-3 (BZS>m`aoŠQ> {d{Y) Ho$ AZwgma df© 2017-18 Ho$ {bE H¡$e âbmo ñQ>oQ>_|Q> V¡`ma
H$aZo hoVw {ZåZ{b{IV {ddaU AmnH$mo àXmZ {H$`m h¡& `
Net Profit / ZoQ> àm°{’$Q> 25,00,000
Dividend (including dividend tax paid) / {S>{dS>oÝS> (Q>¡³g g{hV {S>{dS>oÝS>) 8,53,500

Provision for Income Tax / Am¶H$a Ho$ {bE àmopìhOZ 5,00,000
Income tax paid during the year / Mmby df© Ho$ Am¶H$a H$m ^wJVmZ 4,24,800
Loss on sale of Assets / AgoQ²>g H$s {~H«$s na hm{Z 4,000
Book value of the Assets sold / ~wH$ d¡ë¶y na AgoQ²>g H$s {~H«$s 18,500

Depreciation charged / S>o{à{gEeZ bJm¶m 20,00,000
Amortization of capital grants / H¡${nQ>b J«mÝQ²>g H$m E‘moQ>m©OmBOoeZ 600
Profit on sale of investment / BÝdoñQ>‘|Q> Ho$ {~H«$s na àm°{’$Q> 10,000

Carrying amount of investments sold / ~oMr J¶r BÝdoñQ>‘|Q> H$s am{e bo J¶r 27,76,500
Interest income on investments / BÝdoñQ>‘|Q> na ã¶mO H$s Am¶ 2,50,600
Interest expenses / BÝQ>aoñQ> E³gn|gog 10,00,000
Interest paid during the year / Mmby df© H$m ã¶mO MwH$m¶m 10,52,000

Increase in working capital excluding Cash & Bank Balances
d{Hª$J H¡${nQ>b ‘| d¥{Õ H¡$e Am¡a ~¢H$ eof N>mo‹S>H$a 56,07,500