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1.From the following information you are required to prepare a cash Flow statement of XYZ Ltd for the year ended 31st December 2009

LIABILITIES

2008

2009

ASSETS

2008

2009

Share Capital

100000

200000

Fixed Assets

100000

200000

Profit and loss account

50000

 

70000

Goodwill

50000

40000

General reserve

30000

40000

Inventories

50000

70000

6% Bonds

50000

60000

Debtors

50000

80000

Sundry Creditors

30000

50000

Bills Receivable

10000

30000

Outstanding Expenses

10000

 

15000

Bank

10000

15000

 

270000  

435000

 

270000

435000

2. The Balance Sheet as on 31st December 2009 is as follows:

LIABILITIES

Amount(Rs)

ASSETS

Amount(Rs)

 Equity Share Capital

 2000000

 Fixed Assets (Net)

 1700000

General Reserves

200000

 

 

Secured Loans:

Fixed               300000

 

600000

Current Assets:

Stock

 700000

Debtors

300000

Cash Credit      300000

Loans and Advances

700000

 

Current Liabilities

 

 600000

 

 

 

 3400000

 3400000

 Compute:

i) Debt - Equity ratio

ii) Current Ratio

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M9523731

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