CBSE 2022 · Region 3 · Set 3 · Q12

From the following Balance Sheet of Jay Ltd. as at $\displaystyle 31.3.2022$, calculate Cash Flows from Operating Activities' : Jay ltd. Balance Sheet as at $\displaystyle 31.3.2022$ Particulars Note $\displaystyle 31.3.2022$ $\displaystyle 31.3.2021$ No. ($\displaystyle 0$ G) I. EQUITY AND LIABILITIES : 1. Shareholders' Funds : (a) Share Capital $\displaystyle 1$ $\displaystyle 50,00,000$ $\displaystyle 30,00,000$ (b) Reserves and Surplus $\displaystyle 2$ $\displaystyle 10,00,000$ $\displaystyle 6,00,000$ 2. NonCurrent Liabilities : Longterm borrowings $\displaystyle 3$ $\displaystyle 8,00,000$ $\displaystyle 4,00,000$ 3. Current Liabilities : (a) Trade Payables $\displaystyle 2,00,000$ $\displaystyle 3,00,000$ (b) Other Current Liabilities $\displaystyle 4$ $\displaystyle 3,00,000$ $\displaystyle 1,00,000$ (c) Shortterm provisions $\displaystyle 5$ $\displaystyle 1,50,000$ $\displaystyle 1,00,000$ Total : $\displaystyle 74,50,000$ $\displaystyle 45,00,000$ II. ASSETS : 1. NonCurrent Assets : Fixed Assets (i) Tangible Assets $\displaystyle 6$ $\displaystyle 60,00,000$ $\displaystyle 40,00,000$ (ii) Intangible Assets $\displaystyle 7$ $\displaystyle 4,00,000$ $\displaystyle 4,00,000$ 2. Current Assets : (a) Inventories $\displaystyle 7,00,000$ $\displaystyle 40,000$ (b) Cash and Cash equivalents $\displaystyle 3,50,000$ $\displaystyle 60,000$ Total : $\displaystyle 74,50,000$ $\displaystyle 45,00,000$ Notes to Accounts : $\displaystyle 31.3.2022$ $\displaystyle 31.3.2021$ Note Particulars No. (U ($\displaystyle 0$ 1. Share Capital : Equity Share Capital $\displaystyle 50,00,000$ $\displaystyle 30,00,000$ 2. Reserves and Surplus : SLuplus i.e. balance in the statement of profit and loss. $\displaystyle 10,00,000$ $\displaystyle 6,00,000$ 3. Long-term borrowings : $\displaystyle 10$% debentures $\displaystyle 8,00,000$ $\displaystyle 4,00,000$ 4. Other Current Liabilities : Outstanding rent $\displaystyle 3,00,000$ $\displaystyle 1,00,000$ 5. Short-term provisions : Provision for tax $\displaystyle 1,50,000$ $\displaystyle 1,00,000$ 6. Tangible Assets : Land $\displaystyle 60,00,000$ $\displaystyle 40,00,000$ 7. Intangible Assets : Patents $\displaystyle 4,00,000$ $\displaystyle 4,00,000$ Additional Information : ₹ $\displaystyle 4,00,000$, $\displaystyle 10$% Debentures were issued on 31.3.2022.