From the following compute cash flows from operating activities: BALANCE SHEET (An Extract) Particulars Note No. 31.3.2015 31.3.2014 1. EQUITY AND LIABILITIES Shareholders' Funds Reserve and Surplus 1 5,00,000 1,00,000 II. ASSETS Non Current Assets Fixed Assets Tangible Assets 2,50,000 3,00,000 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 5,00,000 1,00,000 Note No. 1: Tangible Assets Machinery 2,50,000 3,00,000 2,50,000 3,00,000 Additional Information: During the vear a part of machinery_of $ 10.000 was sold for $ 5,000.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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From the following
compute cash flows from operating activities:
BALANCE SHEET
(An Extract)
Particulars
Note No.
31.3.2015
31.3.2014
1. 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
2,50,000
3,00,000
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
5,00,000
1,00,000
Note No. 1: Tangible Assets
Machinery
2,50,000
3,00,000
2,50,000
3,00,000
Additional Information:
During the vear a part of machinery_of $ 10.000 was sold for $ 5,000.
Transcribed Image Text:From the following compute cash flows from operating activities: BALANCE SHEET (An Extract) Particulars Note No. 31.3.2015 31.3.2014 1. 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 2,50,000 3,00,000 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 5,00,000 1,00,000 Note No. 1: Tangible Assets Machinery 2,50,000 3,00,000 2,50,000 3,00,000 Additional Information: During the vear a part of machinery_of $ 10.000 was sold for $ 5,000.
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