Calculate cash flows from operating activities from the following: BALANCE SHEET (An Extract) Particulars Note 31.3.2015 31.3.2014 No. 2$ I. EQUITY AND LIABILITIES Shareholders' Funds Reserve and Surplus 1 5,00,000 1,00,000 II. ASSETS Non Current Assets Fixed Assets Tangible Assets 2 4.50,000 4,00.000 Notes to Accounts 31.3.2015 31.3.2014 $ Note No. 1: Reserves and Surplus Surplus i.e., Balance in Statement of Profit and Loss 5,00,000 1,00,000 1,00,000 5,00,000 Note No. 2: Tangible Assets Machinery 6,00,000 5,00,000 Less : Accumulated Depreciation 1,50,000 1,00,000 4,50,000 4,00,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Calculate cash flows from operating
activities from the following :
BALANCE SHEET (An Extract)
Particulars
Note
31.3.2015
31.3.2014
No.
$
I. EQUITY AND LIABILITIES
Shareholders' Funds
Reserve and Surplus
1
5,00,000
1,00,000
II. ASSETS
Non Current Assets
Fixed Assets
Tangible Assets
2
4.50,000
4,00.000
Notes to Accounts
31.3.2015
31.3.2014
$
Note No. 1: Reserves and Surplus
Surplus i.e., Balance in Statement of Profit and Loss
5,00,000
1,00,000
1,00,000
5,00,000
Note No. 2: Tangible Assets
Machinery
6,00,000
5,00,000
Less : Accumulated Depreciation
1,50,000
1,00,000
4,50,000
4,00,000
Transcribed Image Text:Calculate cash flows from operating activities from the following : BALANCE SHEET (An Extract) Particulars Note 31.3.2015 31.3.2014 No. $ I. EQUITY AND LIABILITIES Shareholders' Funds Reserve and Surplus 1 5,00,000 1,00,000 II. ASSETS Non Current Assets Fixed Assets Tangible Assets 2 4.50,000 4,00.000 Notes to Accounts 31.3.2015 31.3.2014 $ Note No. 1: Reserves and Surplus Surplus i.e., Balance in Statement of Profit and Loss 5,00,000 1,00,000 1,00,000 5,00,000 Note No. 2: Tangible Assets Machinery 6,00,000 5,00,000 Less : Accumulated Depreciation 1,50,000 1,00,000 4,50,000 4,00,000
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