The following are the summarised balance sheets of Sound Ltd. as on March 31 for the two consecutive years 1 and 2: Additional information (` in thousand): (1) 15% Debentures of `300 was redeemed...


The following are the summarised balance sheets of Sound Ltd. as on March 31 for the two consecutive years 1 and 2:


Additional information (` in thousand):


(1) 15% Debentures of `300 was redeemed during year 2.


(2) Tax deducted at source on dividends received (included in provision for taxes) amounts to `15.


(3) A plant costing `500, having accumulated depreciation of `420 was sold for `80.


(4) During year 2, interim dividend of `760 was paid; final dividend paid was `800.


(5) All sales and purchases are made on credit basis.


You are required to prepare a cash flow statement as per AS-3 (revised).



Dec 23, 2021
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