from the following details relating to the account of grow more ltd prepare cash flo 609938

From the following details relating to the account of Grow More Ltd. prepare cash flow statement:

31 March 2011 Rs.

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from the following details relating to the account of grow more ltd prepare cash flo 609938
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31 March 2010 Rs.

Assets:

Plant and Machinery

14,00,000

10,00,000

Land and Building

12,00,000

8,00,000

Investments

2,00,000

—

Sundry Debtors

10,00,000

14,00,000

Stock

8,00,000

4,00,000

Cash on Hand/Bank

4,00,000

4,00,000

50,00,000

40,00,000

Liabilities:

Share Capital

20,00,000

16,00,000

Reserve

4,00,000

3,00,000

P & L A/c

2,00,000

1,20,000

Debentures

4,00,000

—

Provision for Taxation

2,00,000

1,40,000

Proposed Dividend

4,00,000

2,00,000

Sundry Creditors

14,00,000

16,40,000

50,00,000

40,00,000

  1. Depreciation at 25% was charged on the opening value of plant and machinery.
  2. During the year one old machine costing Rs.1,00,000 (WDV Rs.40,000) was sold for Rs.70,000.
  3. Rs.1,00,000 was paid towards income tax during the year.
  4. Building under construction was not subject to any depreciation.

Prepare cash flow statement.

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