the balance sheet of bollywood ltd as on 31 march 2008 and 31 march 2009 are as foll 619128
The Balance Sheet of Bollywood Ltd as on 31 March 2008 and 31 March 2009 are as follows:
Balance Sheets (Rs. in ’000)
Liabilities |
As on 31 |
As on 31 |
Assets |
As on 31 |
As on 31 |
Equity Share Capital |
350 |
400 |
Fixed Assets |
210 |
320 |
General Reserve |
20 |
– |
Stock |
90 |
140 |
Profit & Loss A/c |
40 |
– |
Debtors |
60 |
44 |
Secured Loan |
– |
180 |
Bills Receivable |
50 |
75 |
Sundry Creditors |
30 |
45 |
Investment |
70 |
40 |
Bills Payable |
50 |
25 |
Cash |
30 |
31 |
Outstanding Expenses |
10 |
30 |
Profit & Loss A/c |
– |
30 |
Unpaid Dividend |
10 |
– |
|||
510 |
680 |
510 |
680 |
Accumulated depreciation was Rs. 60,000 on 31 March 2008 and on 31 March 2009, it was Rs. 57,000. Machinery costing Rs. 1,70,000, having a WDV of Rs. 80,000, was sold for Rs. 70,000.
Prepare a Cash Flow Statement for the year that ended on 31 March 2009 as per AS-3.