4948353832

O-PCodc: 13876

15

Folłowing is thc summarizeć flnancial position of Chetan Ltd. as on 31" March. Balancc Sheet as on 31" March.....

Equity & Liabililics	2014 r	2015 7	Asseti	2014 7	2015 ^ J
Equity Sharc Capital	3,00,0!X)	3,50,000	Fixcd Asscts (cost)	9,00,000	IWMgg* 2A§»0~
5% Preferencc Sbaic Capital	2,00,000	3,00,000	Invcstmoits	1,00,000
General Rcscrvc	1,00,000	1,50,03*0	Jr.venIories	2,00.0^	4,00,000
Profit &LossA'c	70,000	1,60,000	Advancc lncomeTax		80,000
Sccuntics Premium	-| 10.0CO		Account Receivable	^So.ooo	2,00,000
10^ł/j Dcbcntuies	2,00,000' 4.00,000		Cash Balancc f i	^ .	50,000
AccountsPayablc	3,00,000	2,00,000	Discour.t on Dcbcnture	20,000	10,000
Bank Ovcrdraft	50,000	30,000	>
Deprociańon Provisior.	1,90,000	2,SP,000
Provision forTaxation	80,000	90,000	-
PropOłal Equity I>ividenl	50,000	75, Q<)£	f- -
Total	15,40,000	^5,000	Total	15,40,000	20,15,000

Additiona! inforniaticffl]F

(1)    During thc yea<pbl4-15 a f:xcd assct having original ccst of 7 1,65,000 was sold at C&ss of 7 15,000. Depreciatior. fcr thc ycar was 7 2,00,000.

(2)    Incomc TC^assessmcr.t was completed for thc ycar cnaed 31-03-2014 on lO-^OlS at 7 75,000.

(3)    Addi|fonal 9% Prcfcrcncc Shares & 10% Dcbcntures wers issucd on 0^74-2014 prcfcrcncc dividend and Dcbcnture Interest is paid on 31⁵⁵

larch cvc:y ycar.

Invcstments of 7 50,000 wcre sold for r 60,000 You are requircd to prepare Cash FIow Statement as per AS - 3 by Indirect r Method after considcring above Information.