1. Following is the Balance Sheet of Ralson.

Ltd as at 31st March,2022:

Ralson. Ltd
BALANCE SHEET as at 31st March,2022
Particulars Note 31st March, 2022 31st March, 2021
No. (₹) (₹)
I. EQUITY AND LIABILITIES
1. Shareholders’ Funds
(a)Share Capital 9,00,000 7,00,000
(b) Reserves and Surplus 1 2,50,000 1,00,000
2. Non-Current Liabilities
Long-term Borrowings 2 4,50,000 3,50,000
3. Current Liabilities
(a) Short term Borrowings 3 1,50,000 75,000
(b) Short-term Provisions 4 2,00,000 1,25,000
Total 19,50,000 13,50,000
II ASSETS
1. Non-Current Assets
(a) Property Plant and Equipment and intangible
assets 14,65,000 9,15,000
(i) Property Plant and Equipment 1,00,000 1,50,000
(ii)Intangible 1,50,000 1,00,000
(b) Non-current Investments
2. Current Assets 40,000 70,000
(a)Current Investments 1,22,000 72,000
(b) Inventories 73,000 43,000
(c) Cash and Cash Equivalents
Total 19,50,000 13,50,000
Notes to Accounts:
Particulars 31st March, 2022 31st March, 2021
( ₹) ( ₹)
1. Reserves and Surplus
Surplus, i.e., Balance in Statement of Profit and loss 2,50,000 1,00,000
2. Long-term Borrowings
12% Debentures 4,50,000 3,50,000
3. Short-term Borrowings
Bank Overdraft 1,50,000 75,000
4. Short- term Provisions
Provision for Tax 2,00,000 1,25,000
5. Property Plant and Equipment
Machinery 16,75,000 10,55,000
Accumulated Depreciation (2,10,000) (1,40,000)
14,65,000 9,15,000
6. Intangible Assets
Goodwill 1,00,000 1,50,000
7. Inventories
Stock in Trade 1,22,000 72,000

Additional Information:
(i) Rs. 1,00,000, 12% Debentures were issued on 31st March, 2022.
(ii) During the year a piece of Machinery costing Rs. 80,000, on which accumulated depreciation was
Rs. 40,000, was sold at a loss of Rs. 10,000. (6)

2. From the following Balance Sheet of Akash Ltd. as at 31st March 2021:

Note  31st March, 2021 31 March, 2022

Particulars
No. (Rs.) (Rs.)
I. EQUITY AND LIABILITES      
1. Shareholders' Funds
(a) Share Capital   19,00,000 17,00,000
(b) Reserves and Surplus 1 6,00,000 3,00,000
2. Non-Current Liabilities      
 Long-term Borrowings (12% Debentures)   5,00,000 4,00,000
3. Current Liabilities      
(a) Short-term Borrowings 2 1,70,000 1,75,000
(b) Short-term Provisions 3 2,00,000 1,65,000

Total   33,70,000 27,40,000

II. ASSETS      
1. Non-Current Assets      
(a) Property, plant and equipment and      
intangible assets
(i) Property plant and equipment 4 24,00,000 19,00,000
(ii) Intangible Assets 5 2,00,000 3,00,000
(b) Non-Current Investments 3,00,000 2,00,000
2. Current Assets      
(a) Current Investments   1,40,000 1,70,000
(b) Inventories   2,60,000 1,30,000
(d) Cash and Cash Equivalents   70,000 40,000
Total   33,70,000 27,40,000
       

Notes to Accounts:
Particulars 31st March, 2021 (₹) 31st March, 2022 (₹)
1. Reserves and Surplus    
Surplus, i.e., Balance in Statement of Profit and
Loss 6,00,000 3,00,000
2. Short-term Borrowings:    
Bank Overdraft 1,70,000 1,75,000
3. Short-term Provisions    
Provision for Tax 2,00,000 1,65,000
4. Tangible Assets :    
Machinery 26,00,000 20,00,000
Less: Accumulated Depreciation (2,00,000) (1,00,000)
  24,00,000 19,00,000
5. Intangible Assets    
Goodwill 2,00,000 3,00,000
     
Additional Information:  
(i) Rs. 1,00,000 125 Debentures were issued on 1st April, 2022
(ii) machine with a net book value of ₹ 80,000 (Accumulated Depreciation ₹ 40,000) was sold at a gain of
Rs. 10,000.
Prepare a Cash Flow Statement. (6)
3. From the following Balance Sheet of Dorish Ltd. and the additional information as at 31st
March,2022,Prepare a Cash Flow Statement:
Note 31st March, 2022 31st March, 2021
Particulars
No. (₹) (₹)
I. EQUITY AND LIABILITIES      
1. Shareholders' Funds      
(a) Share Capital   30,00,000 21,00,000
(b) Reserves and Surplus 1 4,00,000 5,00,000

2. Non-Current Liabilities  
Long Term Borrowings 2 8,00,000 5,00,000 

3. Current Liabilities
(a) Trade Payables 1,50,000 1,00,000
(b) Shot Term Borrowings 3 76,000 56,000
Total 44,26,000 32,56,000
II. ASSETS    
1, Non-Current Assets    
(a) Fixed Assets:
 (i) Tangible 4 27,00,000 20,00,000
(ii) Intangible 8,00,000  7,00,000 
 
2. Current Assets      

(a)Current Investments   89,000 78,000

(b) Inventories 8,00,000 4,00,000
(c) Cash and Cash Equivalents 37,000 78,000

Total   44,26,000 32,56,000

       
Notes to Accounts
31st March, 2022 31st March, 2021
Particulars
(₹) (₹)
I. Reserves and Surplus    
Surplus, i.e., Balance in Statement of Profit and Loss 4,00,000 5,00,000
     
2. Long- Term Borrowings
8%Debentures 8,00,000 5,00,000

3. Short term Provisions

Provision for Tax 76,000 56,000

4. Tangible Assets
Machinery 33,00,000 25,00,000
Less: Accumulated Depreciation (6,00,000) (5,00,000)
27,00,000 20.00.000
Additional Information:
(i) During the year a machinery costing ₹8,00,000 on which accumulated depreciation was
₹ 3,20,000 was sold for ₹ 6,40,000.
(ii) Debentures were issued on 1st April,2021. (6)

4. Following are the Balance Sheets of S. P. Ltd. as at 31st March, 2022 and 2021:
S. P. LTD
BALANCE SHEET

Note 31st March, 2022 31st March, 2021

Particulars
No. (₹) (₹)
I. EQUITY AND LIABILITIES      
1. Shareholders' Funds      
(a) Share Capital   24,00,000 22,00,000
(b) Reserves and Surplus 1 6,00,000 4,00,000
2. Non-Current Liabilities      
Long-term Borrowings   4,80,000 3,40,000
3. Current Liabilities      
(a) Trade Payables   3,58,000 4,08,000
(b) Short-term Provisions   1,00,000 1,54,000
Total   39,38,000 35,02,000
II. ASSETS      
1. Non-Current Assets      
Fixed Assets:      
(i) Tangible Assets 2 21,40,000 17,00,000
(ii) Intangible Assets 3 80,000 2,24,000
 2. Current Assets      
(a) Current Investments   4,80,000 3,00,000
(b) Inventories   2,58,000 2,42,000
(c) Trade Receivables   3,40,000 2,86,000
(d) Cash and Cash Equivalents   6,40,000 7,50,000
Total   39,38,000 35,02,000
       
  Notes to Accounts:

31st March, 2022 31st March, 2021

Particulars
(₹) (₹)
1. Revenue and Surplus
Surplus, i.e., Balance in Statement of Profit/Loss 6,00,000 4,00,000

2. Tangible Assets
Machinery 25,40,000 20,00,000
Less: Accumulated Depreciation (4,00,000) (3,00,000)

21,40,000 17,00,000

3. Intangible Assets  
Goodwill 80,000 2,24,000
Additional Information:
During the year, a piece of machinery costing Rs.48,000 on which accumulated depreciation was Rs.
32,000 was sold for Rs. 12,000. Prepare Cash Flow Statement.

5. Prepare cash flow statement (as per AS-3( Revised)) for the year ended 31st March,2020 from the
following Balance Sheet as at 31st March ,2020
  SUPER INDIA LTD.
BALANCE SHEET AS AT 31ST MARCH,2020
Note 31.3.20 31.3.19
Particulars
No. (₹) (₹)
I. EQUITY AND LIABILITIES      
1. Shareholders' Funds      
(a) Share Capital   6,00,000 4,00,000
(b) Reserves and Surplus (statement of Profit and Loss) 2,00,000 1,00,000
2. Non-Current Liabilities      
Long-term Borrowings 1,00,000 2,00,000
3. Current Liabilities      
(a) Short-term Borrowings (bank loan) ... 10,000
(b) Trade Payables 45,000 60,000
(c) Short-term Provisions 1 70,000 40,000

Total         10,15,000 8,10,000

II. ASSETS      
1. Non-Current Assets      
(a) Fixed Assets:      
(i) Tangible Assets (Building) 6,00,000 6,00,000
 (ii) Intangible Assets (Patents) 45,000 50,000
(b) Non-Current Investments   75,000 ...
2. Current Assets      
(a) Inventories   15,000 10,000
(b) Trade Receivables (Debtors) 1,95,000 1,20,000
(c) Cash and Cash Equivalents (Cash)   85,000 30,000
Total   10,15,000 8,10,000
       
Notes to Accounts:
 
31st March
31st March 2020
Particulars 2019
(₹)
(₹)
 1. Provision for Tax 70,000 40,000

Note: Dividend proposed for the years ended 31st March,2019 and 2020 are Rs. 60,000 and Rs. 80,000
respectively.
Additional Information:
During the year 2019-20
(1) Building was purchased for Rs. 75,000.
(2) An old building, the book value of which was Rs. 63,000, was sold at a loss of Rs. 5,000
(3). Tax provided during the year was Rs.80,000.

6. Following is the Balance Sheet of M Limited as at 31st March, 2019:

BALANCE SHEET as at 31st March, 2019:
Note 31st March, 2019 31st March, 2018
Particulars
No. (₹) (₹)
I. EQUITY AND LIABILITIES      
1. Shareholders' Funds      
(a) Share Capital   3,00,000 1,00,000
(b) Reserves and Surplus 1 25,000 1,20,000
2. Non-Current Liabilities      
Long-term Borrowings 2 80,000 60,000
3. Current Liabilities      
(a) Trade Payables   6,000 20,000
(b) Short-term Provisions 3 68,000 70,000
Total   4,79,000 3,70,000
II. ASSETS      
1. Non-Current Assets      
Fixed Assets 4 3,36,000 1,92,000
2. Current Assets      
(a) Inventories   67,000 60,000
(b) Trade Receivables   51,000 65,000
(c) Cash and Cash Equivalents   25,000 49,000
(d) Other Current Assets   … 4,000
Total   4,79,000 3,70,000
       
 Notes to Accounts:
31st March, 2019 31st March, 2018
Particulars
(₹) (₹)
1. Reserves and Surplus    
Surplus, i.e., Balance in Statement of Profit and 25,000 1,20,000
Loss
  25,000 1,20,000
2. Long-term Borrowings    
10% Long-term Loan 80,000 60,000
  80,000 60,000
3. Short-term Provisions    
Provision for Tax 68,000 70,000
  68,000 70,000
4. Fixed Assets    
Machinery 3,84,000 2,15,000
Accumulated Depreciation (48,000) (23,000)
  3,36,000 1,92,000
     
Additional Information:
(i) Additional loan was taken on 1st July, 2018.
(ii) Tax of ₹ 53,000 was paid during the year.
Prepare Cash Flow Statement.