2019 (Rs. In Thousands) 2020 Assets Freehold Property at Cost 66 48 Plant and machinery (cost less depreciation) 41.6 121 Inventories 60.7 65.7 Sundry Debtors 40.2 49.5 Cash and bank 18.5 33.6...


























































































2019 (Rs. In Thousands)2020
Assets
Freehold Property at Cost6648
Plant and machinery (cost less depreciation)41.6121
Inventories60.765.7
Sundry Debtors40.249.5
Cash and bank18.533.6
Preliminary Expenses2.41.2
229.4319
Liabilities
Issued Share capital120150
Share Premium Account-10
Capital Reserve-34
Profit and Loss Account4342.4
Sundry Creditors54.465.2
Proposed Dividends1217
229.4319


There is no sale for plant and machinery in year 2020. Depreciation written off during year 2020 was Rs. 15000. Net Profit for the year was Rs. 16,400. dividend paid during 2020 in respect of previous year was Rs. 12,000 . Capital reserve represented a profit on sale of freehold premises. You need to prepare:




(i) a Statement showing Changes of Working Capital during 2020; and



(ii) A Funds Flow Statement for the same period.



Jun 10, 2022
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