Scribd Logo
Upload

Welcome to Scribd!

  • 5 Cash Flow Practical - Question

    Uploaded by

    Sunny Goyal
    11 views2 pages
    The balance sheet shows the company's assets and liabilities in 2018 and 2019. Total assets increased from Rs. 5,126,800 in 2018 to Rs. 6,275,500 in 2019 mainly due to increases in fixed assets and current assets. Total liabilities also rose from Rs. 5,126,800 to Rs. 6,275,500 between 2018 and 2019 mainly due to increases in share capital, reserves and surplus, and creditors. The statement of profit and loss shows that revenue increased from Rs. 5,000,000 in 2018 to Rs. 6,066,500 in 2019 but expenses also rose, leading to a loss of Rs. 2,116,500 in 2019 compared to a profit in 2018.

    Original Description:

    CFS question

    Copyright

    © © All Rights Reserved

    Available Formats

    XLS, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The balance sheet shows the company's assets and liabilities in 2018 and 2019. Total assets increased from Rs. 5,126,800 in 2018 to Rs. 6,275,500 in 2019 mainly due to increases in fixed assets and current assets. Total liabilities also rose from Rs. 5,126,800 to Rs. 6,275,500 between 2018 and 2019 mainly due to increases in share capital, reserves and surplus, and creditors. The statement of profit and loss shows that revenue increased from Rs. 5,000,000 in 2018 to Rs. 6,066,500 in 2019 but expenses also rose, leading to a loss of Rs. 2,116,500 in 2019 compared to a profit in 2018.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    11 views2 pages

    5 Cash Flow Practical - Question

    Uploaded by

    Sunny Goyal
    The balance sheet shows the company's assets and liabilities in 2018 and 2019. Total assets increased from Rs. 5,126,800 in 2018 to Rs. 6,275,500 in 2019 mainly due to increases in fixed assets and current assets. Total liabilities also rose from Rs. 5,126,800 to Rs. 6,275,500 between 2018 and 2019 mainly due to increases in share capital, reserves and surplus, and creditors. The statement of profit and loss shows that revenue increased from Rs. 5,000,000 in 2018 to Rs. 6,066,500 in 2019 but expenses also rose, leading to a loss of Rs. 2,116,500 in 2019 compared to a profit in 2018.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    Balance Sheet

    Liabilities 2018 2019 Assets 2018

    Share Capital 50,000 89,000 Fixed Assets 3,950,000


    Reserves and Surplus - 1,050,000
    Secured Loan - from Banks 5,000,000 5,000,000 Cash 50,000
    Tax Payable - 37,500
    Creditors 76,800 99,000 Current Assets 1,126,800

    Total 5,126,800 6,275,500 Total 5,126,800


    -

    Statement of Profit and Loss

    Revenue

    Expenses

    Cost of Material consumed 1,000,000


    Depreciation 1,100,000
    Finance Cost 1,950,000

    PBT

    Tax

    PAT
    2019

    6,066,500 -2,116,500

    90,000 -40,000

    119,000 1,007,800

    6,275,500
    -

    5,000,000

    4,050,000

    950,000

    237,500

    712,500

    You might also like