on mar 31 2008 y ltd made a profit of rs 1 25 000 after considering the following 609276

On Mar 31, 2008, Y Ltd. made a profit of Rs 1,25,000 after considering the following.

Rs

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Depreciation on Billings

25,000

Depreciation on Plant and Machinery

45,000

Amortisation or Goodwill

20,000

Gain on Sale of Machinery

10,000

Current Assets and Current Liabilities

Apr 1, 2007 Rs

Mar 31, 2008 Rs

Accounts Receivable

35,000

45,000

Stock in Hand

75,000

69,000

Cash in Hand

18,000

30,000

Accounts Payable

30,000

32,000

Expenses Payable

10,000

5,000

Bank Overdraft

60,000

35,000

Ascertain cash flow from Operating Activities.

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