From the following Balance Sheet of Yogita Ltd., calculate 'Cash flows from Investing Activities' and 'Cash flows from Financing Activities'. Show your working properly. Yogita Ltd. Balance Sheet as at 31st March, $\displaystyle 2023$ Note $\displaystyle 31$-$\displaystyle 3$-$\displaystyle 2023$ $\displaystyle 31$-$\displaystyle 3$-$\displaystyle 2022$ Particulars No. c) c) I. Equity and Liabilities •• ($\displaystyle 1$) Shareholders' Funds (a) Share Capital $\displaystyle 4,00,000$ $\displaystyle 2,00,000$ (b) Reserves and Surplus $\displaystyle 1$ $\displaystyle 2,00,000$ $\displaystyle 1,00,000$ ($\displaystyle 2$) Non-Current Liabilities (a) Long term borrowings $\displaystyle 2$ $\displaystyle 1,50,000$ $\displaystyle 2,20,000$ ($\displaystyle 3$) Current Liabilities (a) Short term borrowings $\displaystyle 3$ $\displaystyle 1,00,000$ (b) Trade payables $\displaystyle 70,000$ $\displaystyle 50,000$ (c) Short term provisions $\displaystyle 4$ $\displaystyle 50,000$ $\displaystyle 30,000$ Total $\displaystyle 9,70,000$ $\displaystyle 6,00,000$ II. Assets ($\displaystyle 1$) Non-Current Assets (a) Fixed Assets (Property, plant and equipment and intangible assets) (i) Tangible Assets $\displaystyle 7,00,000$ $\displaystyle 4,00,000$ $\displaystyle 5$ (Property, plant and equipment) ($\displaystyle 2$) Current Assets (a) Inventories $\displaystyle 1,70,000$ $\displaystyle 1,00,000$ (b) Trade Receivables $\displaystyle 1,00,000$ $\displaystyle 50,000$ (c) Cash & Cash equivalents $\displaystyle 50,000$ Total $\displaystyle 9,70,000$ $\displaystyle 6,00,000$ Notes to Accounts : Note $\displaystyle 31$-$\displaystyle 3$-$\displaystyle 2023$ $\displaystyle 31$-$\displaystyle 3$-$\displaystyle 2022$ Particulars No. ? ? 1. Reserves and Surplus Balance in statement of Profit & Loss $\displaystyle 1,50,000$ $\displaystyle 80,000$ General Reserve $\displaystyle 50,000$ $\displaystyle 20,000$ $\displaystyle 2,00,000$ $\displaystyle 1,00,000$ 2. Long term borrowings $\displaystyle 10$% Bank Loan $\displaystyle 1,50,000$ $\displaystyle 2,20,000$ $\displaystyle 1,50,000$ $\displaystyle 2,20,000$ 3. Short term borrowings Bank Overdraft $\displaystyle 1,00,000$ $\displaystyle 1,00,000$ 4. Short term provisions Provision for tax $\displaystyle 50,000$ $\displaystyle 30,000$ $\displaystyle 50,000$ $\displaystyle 30,000$ 5. Tangible Assets (Property, plant & equipment) Plant and Machinery $\displaystyle 7,90,000$ $\displaystyle 4,70,000$ Less : Accumulated depreciation $\displaystyle (90,000)$ $\displaystyle (70,000)$ $\displaystyle 7,00,000$ $\displaystyle 4,00,000$ Additional Information : (i) ₹ $\displaystyle 50,000$ was charged as depreciation on Plant and Machinery. A machinery costing ₹ $\displaystyle 60,000$ (Book value ₹ $\displaystyle 45,000$) was sold for ₹ $\displaystyle 42$,000. (ii) Bank loan was repaid on 1st April, 2022.

Calculation of Cash Flows from Investing Activities 31st for the year ended March $\displaystyle 2023$ Particulars (₹) (₹) Purchase of Machinery ½ ($\displaystyle 3,80,000$) Sale of Machinery $\displaystyle 1$ $\displaystyle 42,000$ ($\displaystyle 3,38,000$) Net Cash used in Investing Activities ½ Dr. Plant and Machinery A/c Cr. Particulars Amount Particulars Amount (₹) (₹) To Balance b/d $\displaystyle 4,70,000$ By Bank /Cash A/c $\displaystyle 42,000$ To Bank/ Cash A/c $\displaystyle 3,80,000$ By Accumulated Depreciation A/c $\displaystyle 15,000$ (Balancing figure) By Statement of Profit & Loss $\displaystyle 3,000$ By balance c/d $\displaystyle 7,90,000$ $\displaystyle 8,50,000$ $\displaystyle 8,50,000$ Dr. Accumulated Depreciation A/c Cr. Particulars Amount Particulars Amount (₹) (₹) To Plant and Machinery A/c $\displaystyle 15,000$ By Balance b/d $\displaystyle 70,000$ To Statement of Profit & By Depreciation A/c $\displaystyle 50,000$ Loss $\displaystyle 15,000$ To balance c/d $\displaystyle 90,000$ $\displaystyle 1,20,000$ $\displaystyle 1,20,000$ Alternate Answer Calculation of Cash Flows from Investing Activities for the year ended 31st March $\displaystyle 2023$ Particulars (₹) (₹) ($\displaystyle 3,95,000$) Purchase of Machinery ½ $\displaystyle 42,000$ Sale of Machinery $\displaystyle 1$ ($\displaystyle 3,53,000$) Net Cash used in Investing Activities ½ Dr. Plant and Machinery A/c Cr. Particulars Amount Particulars Amount (₹) (₹) To Balance b/d $\displaystyle 4,70,000$ By Bank A/c $\displaystyle 42,000$ To Cash A/c $\displaystyle 3,95,000$ By Accumulated Depreciation A/c $\displaystyle 30,000$ (Balancing figure) By Statement of Profit & Loss $\displaystyle 3,000$ By Balance c/d $\displaystyle 7,90,000$ $\displaystyle 8,65,000$ $\displaystyle 8,65,000$ Dr. Accumulated Depreciation A/c Cr. Particulars Amount Particulars Amount (₹) (₹) To Plant and Machinery A/c $\displaystyle 30,000$ By Balance b/d $\displaystyle 70,000$ To balance c/d $\displaystyle 90,000$ By Depreciation A/c $\displaystyle 50,000$ $\displaystyle 1,20,000$ $\displaystyle 1,20,000$ $\displaystyle 20$ Calculation of Cash Flows from Financing Activities for the year ended 31st March $\displaystyle 2023$ Particulars (₹) (₹) Issue of Share Capital ½ $\displaystyle 2,00,000$ Bank Overdraft raised ½ $\displaystyle 1,00,000$ $\displaystyle (70,000)$ Bank loan repaid ½ $\displaystyle (15,000)$ Interest on bank loan paid $\displaystyle 1$ $\displaystyle 2,15,000$ Net Cash Inflows from Financing Activities ½ PART B OPTION 1I (Computerised Accounting)