The following is the comparative balance sheet of Manish Ltd. Prepare a Cash Flow Statement for the year ended 31 December, 2016 from the details given below: Liabilities 31st Dec., 31st Dec., 2015 Assets 31st Dec., 31st Dec., 2015 2016 2016 Share Capital Reserves & Surplus 730,000 755,000 Long-term loans Current Liabilities 740,000 740,000 Fixed assets 760,000 792,500 Depreciation 717,500 727,500 Inventory Accounts Receivable Cash マ20,000 き30,000 715,000 26,000 740,000 735,000 720,000 734,000 25,000 71,05,000 71,59,000 The Income statement for Manish Ltd. for the year ended 31 2,500 78,000 71,05,000 71,59,000 Dividend Provision .......... December 2015 shows the following information: Sales Cost of Sales Tax provisions Dividend provided Amount() 1,45,000 99,000 12,500 8,000

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter21: The Statement Of Cash Flows
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The following is the comparative balance sheet of Manish Ltd. Prepare
a Cash Flow Statement for the year ended 31 December, 2016 from
the details given below:
Liabilities
Assets
31st Dec., 31st Dec.,
2015
31st Dec., 31st Dec.,
2015
2016
2016
Share Capital
Reserves & Surplus 730,000 755,000
Long-term loans
Current Liabilities
Fixed assets 760,000 792,500
Depreciation 717,500 27,500
Inventory
Accounts
740,000 740,000
720,000 30,000
715,000 26,000
740,000 735,000
20,000 734,000
Receivable
Dividend Provision
78,000
マ1,05,000 1,59,000
Cash
72,500
725,000
そ1,05,000 マ1,59,000
The Income statement for Manish Ltd. for the year ended 31
December 2015 shows the following
information:
Amount(*)
1,45,000
99,000
12,500
8,000
Sales
Cost of Sales
Tax provisions
Dividend provided
Transcribed Image Text:The following is the comparative balance sheet of Manish Ltd. Prepare a Cash Flow Statement for the year ended 31 December, 2016 from the details given below: Liabilities Assets 31st Dec., 31st Dec., 2015 31st Dec., 31st Dec., 2015 2016 2016 Share Capital Reserves & Surplus 730,000 755,000 Long-term loans Current Liabilities Fixed assets 760,000 792,500 Depreciation 717,500 27,500 Inventory Accounts 740,000 740,000 720,000 30,000 715,000 26,000 740,000 735,000 20,000 734,000 Receivable Dividend Provision 78,000 マ1,05,000 1,59,000 Cash 72,500 725,000 そ1,05,000 マ1,59,000 The Income statement for Manish Ltd. for the year ended 31 December 2015 shows the following information: Amount(*) 1,45,000 99,000 12,500 8,000 Sales Cost of Sales Tax provisions Dividend provided
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