Capital $2,500,000.

00
Bank Loan $1,500,000.00
Land $2,000,000.00
Building $1,500,000.00
Sales $8,000,000.00
Credit sales 50%
General Exp $500,000.00
Total Salary exp during t $1,000,000.00
Outstanding salary $200,000.00
Depreciation on fixed ass 20%
Capital $2,000,000.00
Bank Loan $2,500,000.00
P&M $1,500,000.00
Building $1,000,000.00
Depreciation on fixed asset 20%
Sales $5,000,000.00
40% of sales is on credit
General Expenses $2,500,000.00
Sales $2,000,000.00
Opening Inv $1,500,000.00
COGS $1,200,000.00
Cl Inv $1,800,000.00
Opening AR $2,500,000.00
Closing AR $1,000,000.00
25% sales in in Cash
Opening AP $500,000.00
Closing AP $0.00
30% Purchases were credit

Cash Sales
Cash AR
Cash Purchases
Cash AP
Sales $2,500,000.00
Opening Inv $1,200,000.00
Cl inv $600,000.00
Cogs $800,000.00
Op AP $0.00
Cl AP $100,000.00
50% of the purchases were in cash
Sales $2,500,000.00
Opening Inv $1,500,000.00
Closing inv $2,500,000.00
COGS $1,000,000.00
Opening AP $1,200,000.00
Closing AP $3,200,000.00
Sales $3,000,000.00
Op Inv $1,200,000.00
Cl Inv $0.00
COGS $1,500,000.00
% Cash Purchase 50%
Opening AP $1,500,000.00
Closing AP $0.00
Opeinig AR $120,000.00
Closing AR $2,620,000.00
100% sales were credit
Sales ###
Cogs ###
Opening Inv $200,000.00
Closing Inv $500,000.00
Opening AR $300,000.00
Closing AR $400,000.00
Cash received from AR ###
Opeinig AP $300,000.00
Closing AP $500,000.00
Cash Paid to AP ###
Sales
Opening Taxes Payable $500,000
Tax expense $300,000
Closing Taxes Payables $550,000
Interest Payable $40,000
Interest Expense $30,000
Closing Interest Payable $0
Opening Outstanding Salary $100,000
Closing Outstanding Salary $150,000
Salary Expenses $80,000

Cash Paid for

1. Taxes
2.Interest
3.Salary
Find out CFI

Opening value of assets $2,500,000.00

Depreciation charged 20%
Closing value of assets $3,000,000.00

At the end of the year an asset with the book value of 15,00,000 was sold for Rs. 20,00,
,00,000 was sold for Rs. 20,00,000
Gross Block $2,500,000.00 $3,500,000.00 $4,000,000.00
Acc Dep $500,000.00 $1,000,000.00 $1,200,000.00
Net Block $2,000,000.00 $2,500,000.00 $2,800,000.00

Find out dep exp for year 1 to 4

At the beginnig of year 3, an asset with book value of Rs. 1mln ( GB of 1.5 mln) was sold
Find out CFI for all the four years
 $4,500,000.00
$1,500,000.00
$3,000,000.00

1.5 mln) was sold for Rs.700,000

Gross Block
Acc Dep
Net Block

Find out dep exp for year 1 t

At the beginnig of year 3, an
 End of year 1 end of yearBegn
2 yr 3 after sale transactionEnd of yr3
$2,500,000.00 $3,500,000.00 $2,000,000.00 $4,000,000.00
$500,000.00 $1,000,000.00 $500,000.00 $1,200,000.00
$2,000,000.00 $2,500,000.00 $1,500,000.00 $2,800,000.00

p exp for year 1 to 4

nnig of year 3, an asset with book value of Rs. 10 lakhs ( GB of 15 Lakhs) was sold for Rs. 7 lakhs
 end of yr 44
$4,500,000.00
$1,500,000.00
$3,000,000.00

old for Rs. 7 lakhs

 Balance Sheet Income statement
Liab Assets Exp Income
Sales $5,000,000.00
Capital $5,000,000.00 Plant $2,500,000.00 Manuf Exp $200,000.00
BL $2,000,000.00 AR $2,000,000.00 Electricity exp $100,000.00
OS elect exp $100,000.00 Dep $300,000.00
reserves $3,600,000.00 Loss from sale of Plant $500,000.00
Salary exp $300,000.00
Profit $3,600,000.00
Cash $6,200,000.00

Total $10,700,000.00 Total $10,700,000.00 Total $5,000,000.00 Total $5,000,000.00

1. At the end of the year, an asset with book value of Rs. 15,00,000 was sold for Rs. 10,00,000
2.Assume first year of operations
Cap 4,500,000 Plant 2,500,000 Manuf Exp 2,000,000 Sales 7,000,000
Reserves 3,500,000 Building 2,500,000 Salary 1,000,000 Interest Receiv 1,500,000
BL 4,000,000 Land 1,000,000 Interest Exp 500,000
AR 3,500,000 Dep 1,000,000
Cash 2,500,000 Profit 4,000,000

### 12,000,000 ### 8,500,000

1. Interest paid is to be treated a part of CFO (IFRS)

2. Interest received is to be treated as part of CFI (IFRS)
3. During the year Building was sold, BV = 20,00,0000
4. Assume first of year of operations
 2009 2010
Cap $3,500,000.00 P&M $1,500,000.00 Cap $4,500,000.00 p&M
BL $2,500,000.00 Land $2,000,000.00 BL $0.00 Land
Reserves $1,000,000.00 reserves $1,800,000.00 AR
AR $2,000,000.00 AP $300,000.00 inventory
Cash $1,500,000.00 os Salary $400,000.00 cash

$7,000,000.00 $7,000,000.00 $7,000,000.00

2010 Transactions
Amount of dep charged in 2010 is Rs. 5,00,000
During the year , a part of the land was sold for RS,12,00,000 at a profit for Rs.5,00,000
 $2,500,000.00
$2,500,000.00
$1,000,000.00
$1,000,000.00
$0.00

$7,000,000.00

r Rs.5,00,000