CBSE 2025 · Region 2 · Set 1 · Q34

Cn 31st March, $\displaystyle 2024$ following is the Balance Sheet of Bhavik Limited : Bhavik Ltd. Balance Sheet as at 31st Mareh $\displaystyle 2024$ Note $\displaystyle 31$-$\displaystyle 3$-$\displaystyle 2024$ $\displaystyle 31$-$\displaystyle 3$-$\displaystyle 2023$ Particulars No. (?) ($\displaystyle 5$) I. Equity and Liabilities . . 1. Shareholders funds (a) Share Capital $\displaystyle 12,00,000$ $\displaystyle 10,00,000$ (b) Reserves and Surplus $\displaystyle 1$ $\displaystyle 4,00,000$ $\displaystyle 3,00,000$ 2. Non-current liabilities Long-term borrowings $\displaystyle 2$ $\displaystyle 6$, $\displaystyle 00,000$ $\displaystyle 10,00,000$ 3. Current Liabilities (a) Trade Payables $\displaystyle 5$, $\displaystyle 00,000$ $\displaystyle 1,00,000$ (b) Short-term provisions $\displaystyle 3$ $\displaystyle 3$, $\displaystyle 00,000$ $\displaystyle 4,00,000$ Total $\displaystyle 30,00,000$ $\displaystyle 28,00,000$ II. Assets : 1. Non-current Assets (a) Property, Plant and Equlpment and Intangible Assets Property plant and $\displaystyle 4$ $\displaystyle 19,00,000$ $\displaystyle 1$ $\displaystyle 5$, $\displaystyle 00,000$ equipment (b) Non-current Investments $\displaystyle 3,00,000$ $\displaystyle 4,00,000$ 2. Current Assets (a) Inventerles $\displaystyle 4,50,000$ $\displaystyle 3,50,000$ (b) Trade Recelvables $\displaystyle 2,50,000$ $\displaystyle 4,50,000$ (cz) Cash and Cash Equlvalents $\displaystyle 1,00,000$ $\displaystyle 1,00,000$ Total $\displaystyle 30,00,000$ $\displaystyle 28,00,000$ Notes to Accounts : Note Particulars $\displaystyle 31$-$\displaystyle 03$-$\displaystyle 2024$ $\displaystyle 31$-$\displaystyle 03$-$\displaystyle 2023$ No. (Q) (Q) 1. Reserves and Surplus 1.e. Balance $\displaystyle 111$ $\displaystyle 4$, $\displaystyle 00,000$ $\displaystyle 3$, $\displaystyle 00,000$ Statement of Profit and Less 2. Long-term borrcwlngs $\displaystyle 10$% Debentures $\displaystyle 6$, $\displaystyle 00,000$ $\displaystyle 10,00,000$ 3. Short-term prcvlslcns Prcvlslcn for tax $\displaystyle 3$, $\displaystyle 00,000$ $\displaystyle 4,00,000$ 4. Property plant and equipment Plant and Machinery $\displaystyle 21,50,000$ $\displaystyle 16,00,000$ Less : Accumulated Depreclation $\displaystyle 2,50,000$ $\displaystyle 1,00,000$ $\displaystyle 19,00,000$ $\displaystyle 1$ $\displaystyle 5$, $\displaystyle 00,000$ Additional Information : (i) During the year a piece of machinery costing ₹ $\displaystyle 8,00,000$ accumulated depreciation thereon ₹ $\displaystyle 50,000$ was sold for ₹ $\displaystyle 6,50,000$ (ii) Debentures were redeemed on $\displaystyle 31$-$\displaystyle 03$-2024. Calculate : (a) Cash flows from Investing Activities (b) Cash flows from Financing Activities