5. The Balance Sheet and Income Statement of a company are given below: The summarized Balance Sheet of a company for tw

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5 The Balance Sheet And Income Statement Of A Company Are Given Below The Summarized Balance Sheet Of A Company For Tw 1 (31.97 KiB) Viewed 34 times

5 The Balance Sheet And Income Statement Of A Company Are Given Below The Summarized Balance Sheet Of A Company For Tw 2 (39.88 KiB) Viewed 34 times

5. The Balance Sheet and Income Statement of a company are given below: The summarized Balance Sheet of a company for two years is as follows: Capital and Assets Last Liabilities Year Share capital 10% Debenture Accounts payable Bills Payable Retained earning ASHOTON ORRO Last Year This Year 100,000 120,000 30,000 20,000 40,000 30,000 20,000 10,000 30,000 48,000 220,000 228,000 Plant and Machinery Investment Inventories Accounts Receivable Cash at Bank This Year 80,000 50,000 30,000 40,000 20,000 220,000 228,000 68,000 80,000 40,000 32,000 8,000
Sales revenue Less: Cost of goods sold: Opening stock Purchase Carriage Wages Closing stock Total cost of goods sold Gross Profit Less: General expenses Income Statement for the year Particulars Depreciation Premium on redemption Loss on sale of plant [book value of plant Rs.20,000] Total operating expenses Net Income Required: a. b. Details 30,000 80,000 10,000 20,000 (40,000) 7,000 12,000 1,000 2,000 100,000 40,000 22,000 18,000 140,000 Cash from operating activities, investing activities, financing activities and cash equivalent Interpret the results of cash from operating, investing and financing activities. (4+2+2+1+6)