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Problem: From the following Balance Sheets, prepare a cash, flow statement as per AS-3 (Revised):, Balance Sheets, , Share Capital 3,60,000 4,00,000 Machinery (at cost) —3,00,000 _5,00,000, Reserves & Surplus 80,000 1,00,000 Less: Depreciation 80,000 — 1,50,000, Bank Loan 1,00,000 J5000 8 nena aenennn=, , Creditors 2,10,000 2,00,000 2,20,000 350,000, Bills Payable = ----- 5,000 Goodwill 80,000 70,000, Proposed Dividend 45,000 60,000 Investments 90,000 —_1,10,000, , Income Tax Payable 25,000 30,000 Stock 2,00,000 — 2,25,000, , Debtors 2,00,000 —1,90,000, , Bank 1,30,000 25,000, , 9,20,000 9,70,000 9,20,000 970,000, , , , , dditional information :, a. During the year a part of the machinery costing N 50,000 was sold for N 25,000., B. Depreciation provided during the year N 1,00,000., , D. Interim dividend paid during year N 25,000., , Solution: