Page 1 Particulars Amt. Particulars Amt. To balance b/d To cash (purchases) To P&L (gain on sale) P.Y INV –(B) OP+ (A) By cash (sale) By P&L(loss on sale) By P&L (depreciation) By balance c/d INV +(A) OP+(A) OP+ (A) CY Total Total Investments A/c Particulars Amt. Particulars Amt. To balance b/d To cash (purchases) To P&L (gain on sale) P.Y INV –(B) OP- (A) By cash (sale) By P&L(loss on sale) By P&L (depreciation) By balance c/d INV +(A) OP+(A) OP+ (A) CY Total Total Cash flow statement adjustments Fixed Assets Particulars 31.03.2012 31.03.2013 a) Plant a/c 60000 40000 b) Machinery A/c 40000 - Cases- depreciation 1. Depreciate fixed assets by Rs.30,000. 2. Depreciate fixed assets by 10% Cases – Sale of fixed assets 1. Plant/ machinery was sold at a profit of Rs.20,000. 2. Plant/ machinery was sold at a loss of Rs.10,000. 3. Plant/ machinery were sold at Rs. 30,000. 4. Plant/ machinery were sold at Rs. 60,000. 5. Plant/ machinery were sold at a profit of 25%. 6. Plant/ machinery were sold at a loss of 25%. 7. 80% of Plant/ machinery were sold at a profit of 25%. 8. 80% of Plant/ machinery were sold at a loss of 25%. 9. 80% of Plant/ machinery were sold at a profit of Rs.3,000 10. 80% of Plant/ machinery were sold at a loss of Rs.3,000 11. 80% of Plant/ machinery were sold at Rs.30,000 12. 80% of Plant/ machinery were sold at Rs.40,00 13. Plant/ machinery with book value of Rs.10,000 was sold for Rs.30,000. 14. Plant/ machinery with book value of Rs.10,000 was sold for Rs.8,000. 15. Plant/ machinery with book value of Rs.10,000 was sold at a profit of 25%. 16. Plant/ machinery with book value of Rs.10,000 was sold at a loss of 25%. 17. Plant/ machinery with original cost of Rs.30,000 and acc dep there on was Rs.20,000 was sold for a profit of 60% on book value. 18. Plant/ machinery with original cost of Rs.30,000 and acc dep there on was Rs.20,000 was sold for a loss of 60% on book value. 19. A piece of machinery / plant costing Rs.30,000 (book value was Rs.25,000) was sold for a profit of 60% on book value. 20. A piece of machinery / plant costing Rs.30,000 (book value was Rs.25,000) was sold for a loss of 60% on book value. 21. A piece of machinery / plant costing Rs.30,000 (book value was Rs.25,000) was sold at Rs.28,000 22. A piece of machinery / plant costing Rs.30,000 (book value was Rs.25,000) was sold at Rs.18,000 23. Included in machinery / plant a piece of it costing Rs.25,000 on which depreciation was charged Rs.10,000 was sold for Rs.12,000 24. Included in machinery / plant a piece of it costing Rs.25,000 on which depreciation was charged Rs.10,000 was sold for Rs.5,000 25. during the year company purchased assets of Rs.30,000 and sold some assets @ loss of 20% on book value 26. during the year company purchased assets of Rs.30,000 and sold some assets @ profit of 20% on book value 27. during the year company purchased assets of Rs.30,000 and sold assets of Rs.20,000 @ profit of 20% on book value Page 2 Particulars Amt. Particulars Amt. To balance b/d To cash (purchases) To P&L (gain on sale) P.Y INV –(B) OP+ (A) By cash (sale) By P&L(loss on sale) By P&L (depreciation) By balance c/d INV +(A) OP+(A) OP+ (A) CY Total Total Investments A/c Particulars Amt. Particulars Amt. To balance b/d To cash (purchases) To P&L (gain on sale) P.Y INV –(B) OP- (A) By cash (sale) By P&L(loss on sale) By P&L (depreciation) By balance c/d INV +(A) OP+(A) OP+ (A) CY Total Total Cash flow statement adjustments Fixed Assets Particulars 31.03.2012 31.03.2013 a) Plant a/c 60000 40000 b) Machinery A/c 40000 - Cases- depreciation 1. Depreciate fixed assets by Rs.30,000. 2. Depreciate fixed assets by 10% Cases – Sale of fixed assets 1. Plant/ machinery was sold at a profit of Rs.20,000. 2. Plant/ machinery was sold at a loss of Rs.10,000. 3. Plant/ machinery were sold at Rs. 30,000. 4. Plant/ machinery were sold at Rs. 60,000. 5. Plant/ machinery were sold at a profit of 25%. 6. Plant/ machinery were sold at a loss of 25%. 7. 80% of Plant/ machinery were sold at a profit of 25%. 8. 80% of Plant/ machinery were sold at a loss of 25%. 9. 80% of Plant/ machinery were sold at a profit of Rs.3,000 10. 80% of Plant/ machinery were sold at a loss of Rs.3,000 11. 80% of Plant/ machinery were sold at Rs.30,000 12. 80% of Plant/ machinery were sold at Rs.40,00 13. Plant/ machinery with book value of Rs.10,000 was sold for Rs.30,000. 14. Plant/ machinery with book value of Rs.10,000 was sold for Rs.8,000. 15. Plant/ machinery with book value of Rs.10,000 was sold at a profit of 25%. 16. Plant/ machinery with book value of Rs.10,000 was sold at a loss of 25%. 17. Plant/ machinery with original cost of Rs.30,000 and acc dep there on was Rs.20,000 was sold for a profit of 60% on book value. 18. Plant/ machinery with original cost of Rs.30,000 and acc dep there on was Rs.20,000 was sold for a loss of 60% on book value. 19. A piece of machinery / plant costing Rs.30,000 (book value was Rs.25,000) was sold for a profit of 60% on book value. 20. A piece of machinery / plant costing Rs.30,000 (book value was Rs.25,000) was sold for a loss of 60% on book value. 21. A piece of machinery / plant costing Rs.30,000 (book value was Rs.25,000) was sold at Rs.28,000 22. A piece of machinery / plant costing Rs.30,000 (book value was Rs.25,000) was sold at Rs.18,000 23. Included in machinery / plant a piece of it costing Rs.25,000 on which depreciation was charged Rs.10,000 was sold for Rs.12,000 24. Included in machinery / plant a piece of it costing Rs.25,000 on which depreciation was charged Rs.10,000 was sold for Rs.5,000 25. during the year company purchased assets of Rs.30,000 and sold some assets @ loss of 20% on book value 26. during the year company purchased assets of Rs.30,000 and sold some assets @ profit of 20% on book value 27. during the year company purchased assets of Rs.30,000 and sold assets of Rs.20,000 @ profit of 20% on book value 28. during the year company purchased assets of Rs.30,000 and sold assets of Rs.20,000 @ loss of 20% on book value 29. during the year company purchased assets of Rs.30,000 and sold assets of Rs.20,000 @ Rs.25000 30. during the year company purchased assets of Rs.30,000 and sold assets of Rs.20,000 @ Rs.15000 Page 3 Particulars Amt. Particulars Amt. To balance b/d To cash (purchases) To P&L (gain on sale) P.Y INV –(B) OP+ (A) By cash (sale) By P&L(loss on sale) By P&L (depreciation) By balance c/d INV +(A) OP+(A) OP+ (A) CY Total Total Investments A/c Particulars Amt. Particulars Amt. To balance b/d To cash (purchases) To P&L (gain on sale) P.Y INV –(B) OP- (A) By cash (sale) By P&L(loss on sale) By P&L (depreciation) By balance c/d INV +(A) OP+(A) OP+ (A) CY Total Total Cash flow statement adjustments Fixed Assets Particulars 31.03.2012 31.03.2013 a) Plant a/c 60000 40000 b) Machinery A/c 40000 - Cases- depreciation 1. Depreciate fixed assets by Rs.30,000. 2. Depreciate fixed assets by 10% Cases – Sale of fixed assets 1. Plant/ machinery was sold at a profit of Rs.20,000. 2. Plant/ machinery was sold at a loss of Rs.10,000. 3. Plant/ machinery were sold at Rs. 30,000. 4. Plant/ machinery were sold at Rs. 60,000. 5. Plant/ machinery were sold at a profit of 25%. 6. Plant/ machinery were sold at a loss of 25%. 7. 80% of Plant/ machinery were sold at a profit of 25%. 8. 80% of Plant/ machinery were sold at a loss of 25%. 9. 80% of Plant/ machinery were sold at a profit of Rs.3,000 10. 80% of Plant/ machinery were sold at a loss of Rs.3,000 11. 80% of Plant/ machinery were sold at Rs.30,000 12. 80% of Plant/ machinery were sold at Rs.40,00 13. Plant/ machinery with book value of Rs.10,000 was sold for Rs.30,000. 14. Plant/ machinery with book value of Rs.10,000 was sold for Rs.8,000. 15. Plant/ machinery with book value of Rs.10,000 was sold at a profit of 25%. 16. Plant/ machinery with book value of Rs.10,000 was sold at a loss of 25%. 17. Plant/ machinery with original cost of Rs.30,000 and acc dep there on was Rs.20,000 was sold for a profit of 60% on book value. 18. Plant/ machinery with original cost of Rs.30,000 and acc dep there on was Rs.20,000 was sold for a loss of 60% on book value. 19. A piece of machinery / plant costing Rs.30,000 (book value was Rs.25,000) was sold for a profit of 60% on book value. 20. A piece of machinery / plant costing Rs.30,000 (book value was Rs.25,000) was sold for a loss of 60% on book value. 21. A piece of machinery / plant costing Rs.30,000 (book value was Rs.25,000) was sold at Rs.28,000 22. A piece of machinery / plant costing Rs.30,000 (book value was Rs.25,000) was sold at Rs.18,000 23. Included in machinery / plant a piece of it costing Rs.25,000 on which depreciation was charged Rs.10,000 was sold for Rs.12,000 24. Included in machinery / plant a piece of it costing Rs.25,000 on which depreciation was charged Rs.10,000 was sold for Rs.5,000 25. during the year company purchased assets of Rs.30,000 and sold some assets @ loss of 20% on book value 26. during the year company purchased assets of Rs.30,000 and sold some assets @ profit of 20% on book value 27. during the year company purchased assets of Rs.30,000 and sold assets of Rs.20,000 @ profit of 20% on book value 28. during the year company purchased assets of Rs.30,000 and sold assets of Rs.20,000 @ loss of 20% on book value 29. during the year company purchased assets of Rs.30,000 and sold assets of Rs.20,000 @ Rs.25000 30. during the year company purchased assets of Rs.30,000 and sold assets of Rs.20,000 @ Rs.15000 Provisions of Taxation A/c Particulars Amt. Particulars Amt. To cash (paid) To balance c/d OP- (A) C.Y. By balance b/d By P&L(MADE) P.Y. OP+(A) Total Total provision for taxation Particulars 31.03.2012 31.03.2013 Provision for taxation 40000 60000 Case 1. Tax paid during the year was Rs.30,000. Case 2. Tax made during the year was Rs.30,000. Page 4 Particulars Amt. Particulars Amt. To balance b/d To cash (purchases) To P&L (gain on sale) P.Y INV –(B) OP+ (A) By cash (sale) By P&L(loss on sale) By P&L (depreciation) By balance c/d INV +(A) OP+(A) OP+ (A) CY Total Total Investments A/c Particulars Amt. Particulars Amt. To balance b/d To cash (purchases) To P&L (gain on sale) P.Y INV –(B) OP- (A) By cash (sale) By P&L(loss on sale) By P&L (depreciation) By balance c/d INV +(A) OP+(A) OP+ (A) CY Total Total Cash flow statement adjustments Fixed Assets Particulars 31.03.2012 31.03.2013 a) Plant a/c 60000 40000 b) Machinery A/c 40000 - Cases- depreciation 1. Depreciate fixed assets by Rs.30,000. 2. Depreciate fixed assets by 10% Cases – Sale of fixed assets 1. Plant/ machinery was sold at a profit of Rs.20,000. 2. Plant/ machinery was sold at a loss of Rs.10,000. 3. Plant/ machinery were sold at Rs. 30,000. 4. Plant/ machinery were sold at Rs. 60,000. 5. Plant/ machinery were sold at a profit of 25%. 6. Plant/ machinery were sold at a loss of 25%. 7. 80% of Plant/ machinery were sold at a profit of 25%. 8. 80% of Plant/ machinery were sold at a loss of 25%. 9. 80% of Plant/ machinery were sold at a profit of Rs.3,000 10. 80% of Plant/ machinery were sold at a loss of Rs.3,000 11. 80% of Plant/ machinery were sold at Rs.30,000 12. 80% of Plant/ machinery were sold at Rs.40,00 13. Plant/ machinery with book value of Rs.10,000 was sold for Rs.30,000. 14. Plant/ machinery with book value of Rs.10,000 was sold for Rs.8,000. 15. Plant/ machinery with book value of Rs.10,000 was sold at a profit of 25%. 16. Plant/ machinery with book value of Rs.10,000 was sold at a loss of 25%. 17. Plant/ machinery with original cost of Rs.30,000 and acc dep there on was Rs.20,000 was sold for a profit of 60% on book value. 18. Plant/ machinery with original cost of Rs.30,000 and acc dep there on was Rs.20,000 was sold for a loss of 60% on book value. 19. A piece of machinery / plant costing Rs.30,000 (book value was Rs.25,000) was sold for a profit of 60% on book value. 20. A piece of machinery / plant costing Rs.30,000 (book value was Rs.25,000) was sold for a loss of 60% on book value. 21. A piece of machinery / plant costing Rs.30,000 (book value was Rs.25,000) was sold at Rs.28,000 22. A piece of machinery / plant costing Rs.30,000 (book value was Rs.25,000) was sold at Rs.18,000 23. Included in machinery / plant a piece of it costing Rs.25,000 on which depreciation was charged Rs.10,000 was sold for Rs.12,000 24. Included in machinery / plant a piece of it costing Rs.25,000 on which depreciation was charged Rs.10,000 was sold for Rs.5,000 25. during the year company purchased assets of Rs.30,000 and sold some assets @ loss of 20% on book value 26. during the year company purchased assets of Rs.30,000 and sold some assets @ profit of 20% on book value 27. during the year company purchased assets of Rs.30,000 and sold assets of Rs.20,000 @ profit of 20% on book value 28. during the year company purchased assets of Rs.30,000 and sold assets of Rs.20,000 @ loss of 20% on book value 29. during the year company purchased assets of Rs.30,000 and sold assets of Rs.20,000 @ Rs.25000 30. during the year company purchased assets of Rs.30,000 and sold assets of Rs.20,000 @ Rs.15000 Provisions of Taxation A/c Particulars Amt. Particulars Amt. To cash (paid) To balance c/d OP- (A) C.Y. By balance b/d By P&L(MADE) P.Y. OP+(A) Total Total provision for taxation Particulars 31.03.2012 31.03.2013 Provision for taxation 40000 60000 Case 1. Tax paid during the year was Rs.30,000. Case 2. Tax made during the year was Rs.30,000. Proposed dividend Proposed Dividend A/c Particulars Amt. Particulars Amt. To cash (paid) To balance c/d fin- (C) C.Y. By balance b/d By P&L(MADE) P.Y. OP+(A) Total Total Particulars 31.03.2012 31.03.2013 Proposed dividend 30000 50000 Case 1. Dividend paid during the year was Rs.20,000. Case 2. Dividend made during the year was Rs.20,000 Page 5 Particulars Amt. Particulars Amt. To balance b/d To cash (purchases) To P&L (gain on sale) P.Y INV –(B) OP+ (A) By cash (sale) By P&L(loss on sale) By P&L (depreciation) By balance c/d INV +(A) OP+(A) OP+ (A) CY Total Total Investments A/c Particulars Amt. Particulars Amt. To balance b/d To cash (purchases) To P&L (gain on sale) P.Y INV –(B) OP- (A) By cash (sale) By P&L(loss on sale) By P&L (depreciation) By balance c/d INV +(A) OP+(A) OP+ (A) CY Total Total Cash flow statement adjustments Fixed Assets Particulars 31.03.2012 31.03.2013 a) Plant a/c 60000 40000 b) Machinery A/c 40000 - Cases- depreciation 1. Depreciate fixed assets by Rs.30,000. 2. Depreciate fixed assets by 10% Cases – Sale of fixed assets 1. Plant/ machinery was sold at a profit of Rs.20,000. 2. Plant/ machinery was sold at a loss of Rs.10,000. 3. Plant/ machinery were sold at Rs. 30,000. 4. Plant/ machinery were sold at Rs. 60,000. 5. Plant/ machinery were sold at a profit of 25%. 6. Plant/ machinery were sold at a loss of 25%. 7. 80% of Plant/ machinery were sold at a profit of 25%. 8. 80% of Plant/ machinery were sold at a loss of 25%. 9. 80% of Plant/ machinery were sold at a profit of Rs.3,000 10. 80% of Plant/ machinery were sold at a loss of Rs.3,000 11. 80% of Plant/ machinery were sold at Rs.30,000 12. 80% of Plant/ machinery were sold at Rs.40,00 13. Plant/ machinery with book value of Rs.10,000 was sold for Rs.30,000. 14. Plant/ machinery with book value of Rs.10,000 was sold for Rs.8,000. 15. Plant/ machinery with book value of Rs.10,000 was sold at a profit of 25%. 16. Plant/ machinery with book value of Rs.10,000 was sold at a loss of 25%. 17. Plant/ machinery with original cost of Rs.30,000 and acc dep there on was Rs.20,000 was sold for a profit of 60% on book value. 18. Plant/ machinery with original cost of Rs.30,000 and acc dep there on was Rs.20,000 was sold for a loss of 60% on book value. 19. A piece of machinery / plant costing Rs.30,000 (book value was Rs.25,000) was sold for a profit of 60% on book value. 20. A piece of machinery / plant costing Rs.30,000 (book value was Rs.25,000) was sold for a loss of 60% on book value. 21. A piece of machinery / plant costing Rs.30,000 (book value was Rs.25,000) was sold at Rs.28,000 22. A piece of machinery / plant costing Rs.30,000 (book value was Rs.25,000) was sold at Rs.18,000 23. Included in machinery / plant a piece of it costing Rs.25,000 on which depreciation was charged Rs.10,000 was sold for Rs.12,000 24. Included in machinery / plant a piece of it costing Rs.25,000 on which depreciation was charged Rs.10,000 was sold for Rs.5,000 25. during the year company purchased assets of Rs.30,000 and sold some assets @ loss of 20% on book value 26. during the year company purchased assets of Rs.30,000 and sold some assets @ profit of 20% on book value 27. during the year company purchased assets of Rs.30,000 and sold assets of Rs.20,000 @ profit of 20% on book value 28. during the year company purchased assets of Rs.30,000 and sold assets of Rs.20,000 @ loss of 20% on book value 29. during the year company purchased assets of Rs.30,000 and sold assets of Rs.20,000 @ Rs.25000 30. during the year company purchased assets of Rs.30,000 and sold assets of Rs.20,000 @ Rs.15000 Provisions of Taxation A/c Particulars Amt. Particulars Amt. To cash (paid) To balance c/d OP- (A) C.Y. By balance b/d By P&L(MADE) P.Y. OP+(A) Total Total provision for taxation Particulars 31.03.2012 31.03.2013 Provision for taxation 40000 60000 Case 1. Tax paid during the year was Rs.30,000. Case 2. Tax made during the year was Rs.30,000. Proposed dividend Proposed Dividend A/c Particulars Amt. Particulars Amt. To cash (paid) To balance c/d fin- (C) C.Y. By balance b/d By P&L(MADE) P.Y. OP+(A) Total Total Particulars 31.03.2012 31.03.2013 Proposed dividend 30000 50000 Case 1. Dividend paid during the year was Rs.20,000. Case 2. Dividend made during the year was Rs.20,000 Fixed assets A/c (original cost value method) Particulars Amt. Particulars Amt. To balance b/d To cash (purchases) To P&L (gain on sale) P.Y INV –(B) OP+ (A) By cash (sale) By P&L(loss on sale) By accumulated depreciation By balance c/d INV +(A) OP+(A) transfer CY Total Total Accumulated Depreciation A/c Particulars Amt. Particulars Amt. To fixed assets a/c To balance c/d transfer C.Y. By balance b/d By P&L(dep. For CY) P.Y. OP+(A) Total Total Accumulated Depreciation(provision for depreciation) Particulars 31.03.2012 31.03.2013 Plant 60000 40000 Acc dep. 22000 20000 Case 1. During the year a plant costing Rs.20,000. Acc dep. there on was Rs15,000 was sold for Rs.2,000. Case 2. During the year a plant costing Rs.20,000. Acc dep. there on was Rs15,000 was sold for Rs.7,000. Case 3. During the year a plant costing Rs.20,000. Acc dep. there on was Rs15,000 was sold at a profit of Rs.2,000. Case 4. During the year a plant costing Rs.20,000. Acc dep. there on was Rs15,000 was sold at a loss of Rs.2,000. Case 5. During the year a plant costing Rs.20,000 was sold for Rs. 5,000. Depreciation for the year was Rs.10,000. Case 6. During the year a plant costing Rs.20,000 was sold for Rs. 25,000. Depreciation for the year was Rs.10,000.Read More
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