Calculate 'Cash Flows from Investing Activities' and 'Cash Flows from Financing Activities' for the year ended $\displaystyle 3$ 1st March, $\displaystyle 2021$ from the following Balance Sheet of Kamna Ltd. as at $\displaystyle 3$ 1st March, $\displaystyle 2021$ showing your workings clearly : Kamna Ltd. Balance Sheet as at 31st March, $\displaystyle 2021$ Particulars Note 31st March, 31st March, No. $\displaystyle 2021$ Q) $\displaystyle 2020$ Q) I. Equity and Liabilities 1. Shareholders' funds (a) Share Capital $\displaystyle 12,00,000$ $\displaystyle 11,00,000$ (b) Reserves and surplus $\displaystyle 1$ $\displaystyle 3,00,000$ $\displaystyle 2,00,000$ 2. Non-Current Liabilities Long-term borrowings $\displaystyle 2,40,000$ $\displaystyle 1,70,000$ 3. Current Liabilities Trade payables $\displaystyle 2,20,000$ $\displaystyle 2,231,000$ Total $\displaystyle 19,60,000$ $\displaystyle 17,51,000$ II. Assets 1. Non-Current Assets (a) Fixed Assets (i) Tangible Assets $\displaystyle 2$ $\displaystyle 10,70,000$ $\displaystyle 8,50,000$ (ii) Intangible Assets $\displaystyle 3$ $\displaystyle 40,000$ $\displaystyle 1,12,000$ 2. Current Assets (a) Current Investments $\displaystyle 2,40,000$ $\displaystyle 1,50,000$ (b) Inventories $\displaystyle 1,20,000$ $\displaystyle 1,21,000$ (c) Trade Receivables $\displaystyle 1,70,000$ $\displaystyle 1,43,000$ (d) Cash and Cash Equivalents $\displaystyle 3,20,000$ $\displaystyle 3,75,000$ Total $\displaystyle 19,60,000$ $\displaystyle 17,51,000$ Notes to Accounts : Note Particulars 31st March, $\displaystyle 2021$ 31st March, $\displaystyle 2020$ No. Q) Q) 1. Reserve and Surplus $\displaystyle 3,00,000$ $\displaystyle 2,00,000$ Surplus i.e. Balance in Statement of Profit & Loss 2. Tangible Assets : Machinery $\displaystyle 12,70,000$ $\displaystyle 10,00,000$ Accumulated Depreciation ($\displaystyle 2,00,000$) ($\displaystyle 1,50,000$) $\displaystyle 10,70,000$ $\displaystyle 8,50,000$ 3. Intangible Assets : Goodwill $\displaystyle 40,000$ $\displaystyle 1,12,000$ Additional Information : A piece of Machinery costing ₹ $\displaystyle 24,000$ on which accumulated depreciation was ₹ $\displaystyle 16,000$, was sold for ₹ $\displaystyle 6$,000.

Calculation of Cash Flows from Investing Activities for the year ended 31st March $\displaystyle 2021$ Particulars (₹) (₹) Purchase of Machinery ($\displaystyle 2,94,000$) Sale of Machinery $\displaystyle 6,000$ Cash used in Investing Activities ($\displaystyle 2,88,000$) Working Notes: Dr. Machinery A/c Cr. Particulars Amount Particulars Amount (₹) (₹) To Balance b/d $\displaystyle 10,00,000$ By Bank A/c $\displaystyle 6,000$ To Bank A/c $\displaystyle 2,94,000$ By Accumulated Depreciation $\displaystyle 16,000$ (Balancing figure) By Statement of Profit & Loss $\displaystyle 2,000$ By Balance c/d $\displaystyle 12,70,000$ $\displaystyle 12,94,000$ $\displaystyle 12,94,000$ Dr. Accumulated Depreciation Cr. Particulars Amount Particulars Amount (₹) (₹) To Machinery $\displaystyle 16,000$ By Balance b/d $\displaystyle 1,50,000$ To Balance c/d $\displaystyle 2,00,000$ By Statement of Profit & Loss $\displaystyle 66,000$ (Balancing figures) $\displaystyle 2,16,000$ $\displaystyle 2,16,000$ Calculation of Cash Flows from Financing Activities for the year ended 31st March $\displaystyle 2021$ Particulars (₹) (₹) Issue of Share Capital $\displaystyle 1,00,000$ Long-term borrowings raised $\displaystyle 70,000$ Cash Flows from Financing Activities $\displaystyle 1,70,000$ PART—B Option—1I (Computerised Accounting)