On 31st March, 2024 following is the Balance Sheet of Bhavik Limited: Bhavik Ltd. Balance Sheet as at 31st Mareh 2024 Notes to Accounts: Additional…

On 31st March, $\displaystyle 2024$ following is the Balance Sheet of Bhavik Limited : Bhavik Ltd. Balance Sheet as at 31st Mareh $\displaystyle 2024$

Particulars	Note No.	$\displaystyle 31$-$\displaystyle 3$-$\displaystyle 2024$ (₹)	$\displaystyle 31$-$\displaystyle 3$-$\displaystyle 2023$ (₹)
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	$\displaystyle 2$	$\displaystyle 6,00,000$	$\displaystyle 10,00,000$
3. Current Liabilities
(a) Trade Payables		$\displaystyle 5,00,000$	$\displaystyle 1,00,000$
(b) Short-term provisions	$\displaystyle 3$	$\displaystyle 3,00,000$	$\displaystyle 4,00,000$
Total		$\displaystyle 30,00,000$	$\displaystyle 28,00,000$
II. Assets :
1. Non-current Assets
(a) Property, Plant and Equipment and Intangible Assets
Property plant and equipment	$\displaystyle 4$	$\displaystyle 19,00,000$	$\displaystyle 15,00,000$
(b) Non-current Investments		$\displaystyle 3,00,000$	$\displaystyle 4,00,000$
2. Current Assets
(a) Inventories		$\displaystyle 4,50,000$	$\displaystyle 3,50,000$
(b) Trade Receivables		$\displaystyle 2,50,000$	$\displaystyle 4,50,000$
(c) Cash and Cash Equivalents		$\displaystyle 1,00,000$	$\displaystyle 1,00,000$
Total		$\displaystyle 30,00,000$	$\displaystyle 28,00,000$

Notes to Accounts :

Note No.	Particulars	$\displaystyle 31$-$\displaystyle 03$-$\displaystyle 2024$ (₹)	$\displaystyle 31$-$\displaystyle 03$-$\displaystyle 2023$ (₹)
1.	Reserves and Surplus i.e. Balance in Statement of Profit and Loss	$\displaystyle 4,00,000$	$\displaystyle 3,00,000$
2.	Long-term borrowings
	$\displaystyle 10$% Debentures	$\displaystyle 6,00,000$	$\displaystyle 10,00,000$
3.	Short-term provisions
	Provision for tax	$\displaystyle 3,00,000$	$\displaystyle 4,00,000$
4.	Property plant and equipment
	Plant and Machinery	$\displaystyle 21,50,000$	$\displaystyle 16,00,000$
	Less : Accumulated Depreciation	$\displaystyle 2,50,000$	$\displaystyle 1,00,000$
		$\displaystyle 19,00,000$	$\displaystyle 15,00,000$

Additional Information : (i) During the year a piece of machinery costing ₹ $\displaystyle 8,00,000$ accumulated depreciation thereon ₹ $\displaystyle 50,000$ was sold for ₹ $\displaystyle 6,50,000$ (" $\displaystyle 11$) Debentures were redeemed on $\displaystyle 31$-$\displaystyle 03$-2024. Calculate ' (a) Cash flows from Investing Activities (b) Cash flows from Financing Activities