Following are the Balance Sheets of Krish Tech Ltd. for the year ended 31st March, 2012 and 2013 (Revised).
$\begin{array}{ccccc}\text{Particulars}& & \text{Note}& \text{Amount (Rs)}& \text{Amount (Rs)}\\ & & \text{No.}& 2012-13& 2011-12\\ \text{1. Equity and Liabilities}& & & & \\ \text{(1) Shareholders' Funds}& & & & \\ \text{(a) Share Capital}& & & 12,00,000& 8,00,000\\ \text{(b) Reserves and Surplus (Profit}\&\text{Loss Balance)}& & & 3,50,000& 4,00,000\\ \text{(2) Non-current liabilities}& & & & \\ \text{Long term borrowings}& & & 4,40,000& 3,50,000\\ \text{(3) Current liability : Trade Payables}& & & 60,000& 50,000\\ & \text{Total}& & 20,50,000& 16,00,000\\ \text{II. Assets}& & & & \\ \text{(1) Non-current Assets}& & & & \\ \text{(a) Fixed Assets}& & & & \\ \text{(i) Tangible Assets}& & & 12,00,000& 9,00,000\\ \text{(2) Current Assets}& & & & \\ \text{(a) Inventories}& & & 2,00,000& 1,00,000\\ \text{(b) Trade Receivables}& & & 3,10,000& 2,30,000\\ \text{(c) Cash and cash equivalents}& & & 3,40,000& 3,70,000\\ & \text{Total}& & 20,50,000& 16,00,000\end{array}$

Prepare a Cash Flow Statement after taking into account the following adjustments.

(a) The company paid interest Rs 36,000 on its long-term borrowing.

(b) Depreciation charged on tangible fixed assets was Rs 1,20,000.

Q.

From the following Balance Sheets of X Ltd. as at 31st March, 2016 and 2015, prepare a common size Balance Sheet.
$\begin{array}{ccccc}\text{Particulars}& & \text{Note}& \text{Amount (Rs)}& \text{Amount (Rs)}\\ & & \text{No.}& 31-3-2016& 31-3-2015\\ \text{1. Equity and Liabilities}& & & & \\ \text{(1) Shareholders' Funds}& & & & \\ \text{(a) Share Capital}& & & 80,00,000& 60,00,000\\ \text{(b) Reserves and Surplus}& & & 12,00,000& 8,00,000\\ \text{(2) Non-current liabilities}& & & & \\ \text{Long term borrowings}& & & 24,00,000& 20,00,000\\ \text{(3) Current liability : Trade Payables}& & & 4,00,000& 12,00,000\\ & \text{Total}& & 1,20,00,000& 1,00,00,000\\ \text{II. Assets}& & & & \\ \text{(1) Non-current Assets}& & & & \\ \text{Fixed Assets}& & & & \\ \text{(a) Tangible}& & & 80,00,000& 60,00,000\\ \text{(b) Intangible}& & & 4,00,000& 12,00,000\\ \text{(2) Current Assets}& & & & \\ \text{(a) Inventories}& & & 24,00,000& 20,00,000\\ \text{(b) Cash and cash equivalents}& & & 12,00,000& 8,00,000\\ & \text{Total}& & 1,20,00,000& 1,00,00,000\end{array}$

Q.

Prepare a Cash Flow Statement from the following Balance Sheet (Revised) :

$\begin{array}{cccc}\text{Particulars}& \text{Note}& 31-03-2013& 31-03-2012\\ & \text{No.}& \text{Amount(Rs)}& \text{Amount(Rs)}\\ 1.\text{Equity and Liabilities}& & & \\ \left(1\right)\text{Shareholder's Funds :}& & & \\ \left(a\right)\text{Share Capital}& & 6,30,000& 5,60,000\\ \left(b\right)\text{Reserves and Surplus}& 1& 3,08,000& 1,82,000\\ \left(2\right)\text{Current Liabilities}& & & \\ \text{Trade Payables}& & 2,80,000& 1,82,000\\ \text{Total}& & 12,18,000& 9,24,000\\ \text{II. Assets}& & & \\ \left(1\right)\text{Non-current Assets}:& & & \\ \left(a\right)\text{Fixed Assets}:& & & \\ \text{Tangible Assets - Plant}& & 3,92,000& 2,80,000\\ \left(2\right)\text{Current Assets}:& & & \\ \left(a\right)\text{Inventories}& & 98,000& 1,40,000\\ \left(b\right)\text{Trade Receivables}& & 6,30,000& 4,20,000\\ \left(c\right)\text{Cash and Cash Equivalents}& & 98,000& 84,000\\ \text{Total}& & 12,18,000& 9,24,000\end{array}$

$\begin{array}{ccc}\text{Particulars}& 31-03-2013& 31-03-2012\\ & \text{Amount(Rs)}& \text{Amount(Rs)}\\ \text{Reserves and Surplus}& & \\ \text{Surplus (Balance in statement of P and L)}& 3,08,000& 1,82,000\end{array}$

Additional Information : (i) An old machinery having book value of Rs 42,000 was sold for Rs 56,000. (ii) Depreciation provided on machinery during the year was Rs 28,000.

Q.

Prepare a common size Balance Sheet of KJ.Ltd from the following information:

$\begin{array}{cccc}\text{Particulars}& \text{Note}& 31-03-2017& 31-03-2016\\ & \text{No.}& \text{(Rs)}& \text{(Rs)}\\ I.\text{Equity and Liabilities}& & & \\ \text{(1) Shareholder's Funds}& & 8,00,000& 4,00,000\\ \text{(2) Non-current Liabilities}& & 5,00,000& 2,00,000\\ \text{(3) Currnt Liabilities}& & 3,00,000& 2,00,000\\ \text{Total}& & 16,00,000& 8,00,000\\ II.\text{Assets}& & & \\ \text{(1) Non-current Assets}& & 10,00,000& 5,00,000\\ \text{(2) Current Assets}& & 6,00,000& 3,00,000\\ \text{Total}& & 16,00,000& 8,00,000\end{array}$

Q.

PRACTICAL PROBLEMS

(Presentation of Subscriptions only)

Balance Sheet as on 01/04/2012
Liabilities	Amount Rs	Amount Rs	Assets	Amount Rs	Amount Rs
Subscription received in			Outstanding subscriptions
Advance for 2012-2013		15,000	2010-2011	20,000
			2011-2012	30,000
					50,000

Receipts and Payments Account for the year ending on 31-03-2013
Dr.	Cr.
Receipts		Amount Rs	Amount Rs	Payments	Amount Rs	Amount Rs
To subscriptions
2010-2011		16,000
2011-2012		25,000
2012-2013		3,30,000
2013-2014		19,000

Adjustment:
Outstanding Subscription for 2012-2013 is Rs 22,000. With the above information present the item 'Subscription’ in Income and expenditure Account and Balance sheet for the year ended on 31^st March 2013.

Q. Prepare a common size Balance Sheet of KJ Ltd. from the following information:

	Particulars	Note No.	31.3.2017 Rs.	31.3.2016 Rs.
I-	Equity and Liabilities:-
1.	Shareholder's Funds		$8,00,000$	$4,00,000$
2.	Non-current Liabilites		$5,00,000$	$2,00,000$
3.	Current Liabilities		$3,00,000$	$2,00,000$
		Total	$\overline{\underset{–}{16,00,000}}$	$\overline{\underset{–}{8,00,000}}$
II-	Assets
1.	Non-current Assets		$10,00,000$	$5,00,000$
2.	Current Assets		$6,00,000$	$3,00,000$
		Total	$\underset{–}{\overline{16,00,000}}$	$\underset{–}{\overline{8,00,000}}$