Balance Sheet as on 31st CFS Income Statement

Sources 2017 2018 Opening Cash 50,000 Sales Opening Stoc 200,000 opening Deb 200,000
Capital 500,000 500,000 Receipts Cash Sales 200,000 Add Credit sales
Cash Sales 200,000 Credit Sales 90,000 Purc 100000 less 90,000
TP 250,000 182,500 Collections 150,000 Dividend 2,000 less collection 150,000
Loans 150,000 100,000 Dividend 2,000 Interest 5,000 COGS 220,000 Closing 140,000
Interest Payable 4,500 Interest 5,000 Sale of Investments 60,000 Closing 80,000
Creditors 200,000 200,000 Investments 60,000 357,000
1,100,000 987,000 467,000 Dep 60,000
Assets Rs Payments Cost of investment 50,000 Creditors
Plant ( cost less AD 600,000 540,000 Loan 50,000 COGS 220,000 Opening 200,000
Investments 50,000 0 Creditors 100,000 Salaries 60,000 Add Pur 100000
Stock 200,000 80,000 Salaries 60,000 Rent 24,000 less
Debtors 200,000 140,000 Rent 36,000 Electricity 6,000 Paymenets 100000
Advance Rent 12,000 Electricity 6,000 Interest 4,500 Closing 200,000
Cash 50,000 215,000 252,000 424,500
1,100,000 987,000 CIH 215,000 PBT -67,500
 You are required to prepare the CFS
Balance Sheet as on 31st March Income statement CFS CFS
Opening Closing Sales 100000 opening 75,000 Opening 75,000 Creditors
Capital (5) 50,000 95,000 Dividend 2000 sales 90,000 Opening 5,000
Reserves 45000 46,250 102000 Dividend 2000 CFO -250 add
10% CBs 25000 5,000 COGS 20000 Capital 45,000 Pur 45000
Creditors 5,000 6,000 Salary 20000 212,000 CFF -2,500 less
Salary Payable 5000 0 Rent 10000 Payments Payments 44,000
interest 2500 Bonds 20,000 CFI -30,000 closing 6,000
130,000 152,250 dep 10000 Creditors 44,000
Opening Closing Patent 2000 Salary 25000 Closing 42,250 Stock
Plant ( Cost -D 25,000 30,000 64500 Rent 10000 Opening 0
Investments 0 17,000 PBT 37500 Interest 2,500 PAT 26250 add
Debtors 15,000 25,000 Tax 11250 Tax 11,250 Dep 10000 Pur 45000
Inventory 0 25,000 PAT 26250 investment 17,000 Int 2500 less
Patent 15,000 13,000 Dividend 25,000 divndend -2000 COGS 20,000
Cash 75,000 42,250 Plant 15,000 amort 2000 closing 25,000
### ### 169,750 Creditor Inc= 1,000
CIH 42,250 Spayable dec -5,000
Debtors increase -10,000
0 Inventory Incr -25,000
-250