Cash Flow Statement of Pioneer Ltd Assignment

Assignment Task

Prepare Cash Flow Statement Of Pinoer Ltd For The Year Ended 31st March 2022 With The Help Of The Following Information.

1. The Company Sold Goods For Cash Only.

2. Gross Profit Ratio Was 30% For The Year ,Gross Profit Amounts To Rs 382500.

3. Opening Inventory Was Lesser Than Closing Inventory By Rs 35000.

4. Office And Selling Expense Paid During The Year Rs 75000.

5. Dividend Paid During The Year Rs 30000 (Including Ddt).

6. Wages Paid During The Year Rs 492000.

7. Bank Loan Repaid During The Year Rs 215000 (Including Interest Rs 15000).

8. Trade Payables On 31st March 2022 Exceed The Balance On 31st March 2022 By Rs 25000.

9. Amount Paid To Trade Payables During The Year Rs 460000.

10. Tax Paid During The Year Amounts To Rs 65000 (Provision For Taxation As On 31.3.2022 Rs 45000).

11. Investments Of Rs 200000 Sold During The Year At A Profit Of Rs 20000.

12. Depreciation On Fixed Assets Amounts To Rs 85000.

13. Plant & Machinery Purchased On 15th November 2021 For Rs 250000.

14. Cash & Cash Equivalent As On 31st March 2021 Rs 200000.

15. Cash & Cash Equivalent As On 31st March 2022 Rs 607500.

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