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5 Cash Flow Practical - Question

The balance sheet shows the company's assets and liabilities in 2018 and 2019. Total assets increased from Rs. 5,126,800 in 2018 to Rs. 6,275,500 in 2019 mainly due to increases in fixed assets and current assets. Total liabilities also rose from Rs. 5,126,800 to Rs. 6,275,500 between 2018 and 2019 mainly due to increases in share capital, reserves and surplus, and creditors. The statement of profit and loss shows that revenue increased from Rs. 5,000,000 in 2018 to Rs. 6,066,500 in 2019 but expenses also rose, leading to a loss of Rs. 2,116,500 in 2019 compared to a profit in 2018.

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Sunny Goyal
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38 views

5 Cash Flow Practical - Question

The balance sheet shows the company's assets and liabilities in 2018 and 2019. Total assets increased from Rs. 5,126,800 in 2018 to Rs. 6,275,500 in 2019 mainly due to increases in fixed assets and current assets. Total liabilities also rose from Rs. 5,126,800 to Rs. 6,275,500 between 2018 and 2019 mainly due to increases in share capital, reserves and surplus, and creditors. The statement of profit and loss shows that revenue increased from Rs. 5,000,000 in 2018 to Rs. 6,066,500 in 2019 but expenses also rose, leading to a loss of Rs. 2,116,500 in 2019 compared to a profit in 2018.

Uploaded by

Sunny Goyal
Copyright
© © All Rights Reserved
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
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Balance Sheet

Liabilities 2018 2019 Assets 2018

Share Capital 50,000 89,000 Fixed Assets 3,950,000


Reserves and Surplus - 1,050,000
Secured Loan - from Banks 5,000,000 5,000,000 Cash 50,000
Tax Payable - 37,500
Creditors 76,800 99,000 Current Assets 1,126,800

Total 5,126,800 6,275,500 Total 5,126,800


-

Statement of Profit and Loss

Revenue

Expenses

Cost of Material consumed 1,000,000


Depreciation 1,100,000
Finance Cost 1,950,000

PBT

Tax

PAT
2019

6,066,500 -2,116,500

90,000 -40,000

119,000 1,007,800

6,275,500
-

5,000,000

4,050,000

950,000

237,500

712,500

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