Page 82 - Corporate Finance PDF Final new link

82 Corporate Finance BRILLIANT’S

Amount Amount Amount Amount
Liabilities (am{e) (am{e) Assets (am{e) (am{e)
(bm¶{~{bQ>rO) 2017 2018 (AgoQ²>Q>) 2017 2018
(`) (`) (`) (`)

Equity Capital Fixed Assets (net) 5,10,000 6,20,000
(Bp³dQ>r H¡${nQ>b) ({’$³ñS> AgoQ²>g ZoQ>)
Share Capital (Equity) 3,00,000 3,50,000 Investment 30,000 80,000
(eo¶a H¡${nQ>b… Bp³dQ>r) (BÝdoñQ>‘|Q>)
Share Capital Current Assets 2,40,000 3,75,000
(eo¶a H¡${nQ>b) (H$a§Q> AgoQ²>g)
8% pref. shares 2,00,000 1,00,000 Discount on deb. 10,000 5,000
(8% {à’$. eo¶a) ({S>~oÝMg© na {S>ñH$mC§Q>)
Debentures 20,000 2,00,000
({S>~oÝMg©) NPP
Reserves & Surplus 1,90,000 2,70,000
([aOd© Am¡a gaßbg)
Current Liability 80,000 1,60,000
(H$a§Q> bm¶{~{bQ>rO)
7,90,000 10,80,000 7,90,000 10,80,000

You are informed that during the year (i) A machine with a book value of ` 40,000 was sold at
` 2,500 (ii) Preference shares redemption was done at a premium of 15% on Dec., 2018
(iii) Dividend at 15% was paid on equity shares for year 2017 and (iv) Depreciation charged
during the year ` 60,000.
AmnH$mo gy{MV {H$¶m J¶m h¡ {H$ df© Ho$ Xm¡amZ (i) < 40,000 H$s ~wH$ d¡ë¶y dmbr EH$ ‘erZ < 2,500 ‘| ~oMr J¶r
Wr& (ii) {à’$a|g eo¶g© [aS>råneZ {Xg§~a 2018 ‘| 15% n«r{‘¶‘ na {H$¶m J¶m Wm& (iii) df© 2017 Ho$ {bE B{³dQ>r
eo¶g© na 15% {S>{dS>|S> ^wJVmZ {H$¶m J¶m Wm VWm (iv) df© Ho$ Xm¡amZ < 60,000 S>o{à{gEeZ bJm¶m Wm&
Solution:
Schedule of Changes in Working Capital

Particulars Amount Amount Amount Amount
(`) (`) (`) (`)
31-12-17 31-12-18 Increase Decrease
Current Assets 2,40,000 3,75,000 1,35,000 –
2,40,000 3,75,000