FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Transcribed Image Text:The following is the comparative balance sheet of Manish Ltd. Prepare
a Cash Flow Statement for the year ended 31 December, 2016 from
the details given below:
Liabilities
Assets
31st Dec., 31st Dec.,
2015
31st Dec., 31st Dec.,
2015
2016
2016
Share Capital
Reserves & Surplus 730,000 755,000
Long-term loans
Current Liabilities
Fixed assets 760,000 792,500
Depreciation 717,500 27,500
Inventory
Accounts
740,000 740,000
720,000 30,000
715,000 26,000
740,000 735,000
20,000 734,000
Receivable
Dividend Provision
78,000
マ1,05,000 1,59,000
Cash
72,500
725,000
そ1,05,000 マ1,59,000
The Income statement for Manish Ltd. for the year ended 31
December 2015 shows the following
information:
Amount(*)
1,45,000
99,000
12,500
8,000
Sales
Cost of Sales
Tax provisions
Dividend provided
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