Funds Flow Statement || Solution of account grade 12
Solution of
past question of funds flow statement of Account || Management || |Grade-12 ||
Part 1||
2076 Set B Q. No. 16
Funds from
operation
|
Particular
|
Amount |
Amount |
|
Net
profit of the year Add: Non-operating
expenses |
|
180000 100000 |
|
:-
Patent written off :-
Depreciation of fixed assets |
10000 90000 |
|
|
Less: Non-operating
income :-Profit
on sale of fixed assets |
6000 |
280000 (6000) |
|
Fund
from operation |
|
274000 |
Funds flow
statement
|
Source |
Amt. |
Application
|
Amt. |
|
Fund
from operation |
274000 |
Purchase
of fixed assets |
200000 |
|
Sales
of fixed assets |
15000 |
||
|
Issue
of share capital |
200000 |
Increase
in Working capital |
289000 |
|
|
489000 |
|
489000 |
2076 Set C Q. No. 16
Funds from
operation
|
Particular
|
Amount |
Amount
|
|
Net
profit for the year |
|
80000 |
|
Add:
Non-profit expenses |
|
|
|
:-
Goodwill written off |
20000 |
|
|
:-
Preliminary expenses written off |
10000 |
|
|
:-
Dividend paid |
45000 |
|
|
:-
Depreciation charged in furniture |
15000 |
90000 |
|
|
|
170000 |
|
Less: Non-operating
incomes |
|
0 |
|
Fund
from operation |
|
170000 |
Funds flow statement
|
Source |
Amt. |
Application |
Amt. |
|
Fund from operation |
170000 |
Redemption of loan |
150000 |
|
Issue of share capital |
150000 |
Furniture purchase |
150000 |
|
Decrease in Working capital |
25000 |
Dividend paid |
45000 |
|
|
|
|
|
|
|
345000 |
|
345000 |
2075 GIE Q. No. 16
Funds from
operation
|
Particular |
Amount |
Amount |
|
Net loss for the year |
|
(65000) |
|
Add: Non-operating expenses |
|
|
|
:- Preliminary expenses written off |
5000 |
|
|
:- loss on sales of machine |
20000 |
|
|
:- Depreciation charge on machinery |
25000 |
|
|
:- Dividend paid |
80000 |
1300000 |
|
|
|
65000 |
|
Less: Non-operating incomes |
|
O |
|
FFO |
|
65000 |
Funds flow statement
|
Source |
Amount |
Application |
Amount |
|
Fund from operation |
65000 |
Redemption of debenture |
100000 |
|
Issue of share capital |
200000 |
Furniture purchased |
120000 |
|
Sold of machinery |
130000 |
Dividend paid |
80000 |
|
|
|
Increase in WC |
95000 |
|
|
395000 |
|
395000 |
2075 Set. A Q. No. 16
Funds from
operation
|
Particular |
Amount |
Amount |
|
Net profit for the year |
|
40000 |
|
Add: Non-operating expenses |
|
|
|
:- Goodwill written off |
2000 |
|
|
:- Dividend paid |
25000 |
|
|
:- Depreciation charge |
15000 |
42000 |
|
|
|
82000 |
|
Less: Non-operating incomes |
|
0 |
|
FFO |
|
82000 |
Funds flow statement
|
Source |
Amount |
Application |
Amount |
|
Fund From Operation |
82000 |
Redemption of debenture |
50000 |
|
Dividend paid |
25000 |
||
|
Issue of share capital |
50000 |
Fixed assets purchase |
70000 |
|
Decreasing in WC |
13000 |
|
|
|
|
145000 |
|
145000 |
2075 Set. B Q. No. 16
Funds from
operation
|
Particular |
Amount |
Amount |
|
Net profit for the year |
|
28000 |
|
Add: Non-operating expenses |
|
|
|
:- Goodwill written off |
2000 |
|
|
:- Depreciation on fixed assets |
4000 |
|
|
:- Loss on sales of fixed assets |
2000 |
8000 |
|
|
|
36000 |
|
Less: Non-operating
income |
|
0 |
|
FFO |
|
36000 |
Funds Flow Statement
|
Source |
Amount |
Application |
Amount |
|
Fund From operation |
36000 |
Purchased of fixed assets |
20000 |
|
Issue of share capital |
30000 |
Increase in WC |
58000 |
|
Sales of fixed assets |
12000 |
|
|
|
|
78000 |
|
78000 |
2074 Supp. Q. No. 16
Schedule
of changes in Working Capital
Funds flow
from operation
|
Particular |
Amt. |
Amt. |
|
Net profit for the year |
|
50000 |
|
Add: Non-operating expenses :- Dividend paid |
30000 |
30000 |
|
|
|
80000 |
|
Less: Non-operating incomes :- Profit on sale of machine |
20000 |
(20000) |
|
FFO |
|
60000 |
Working note
Machinery a/c
|
Debit |
Amt. |
Credit |
Amt. |
|
Opening balance of machinery |
90000 |
Closing balance of machinery |
280000 |
|
Purchase |
200000 |
Sold |
30000 |
|
Profit
on sale of machinery |
20000 |
|
|
|
|
310000 |
|
310000 |
2074 Set. A Q. No. 16
Fund from
operation
|
Particular |
Amt. |
Amt. |
|
Net profit for the year |
|
60000 |
|
Add: Non-operating expenses |
|
|
|
:- Transfer to the reserve fund |
10000 |
|
|
:- Goodwill written off |
10000 |
|
|
:- Dividend paid |
20000 |
|
|
Depreciation on machinery |
10000 |
50000 110000 |
|
Less: Non-operating incomes |
|
0 |
|
FFO |
|
110000 |
Fund flow statement
|
Source |
Amt. |
Application |
Amt. |
|
Fund from operation |
110000 |
Redemption of debenture |
90000 |
|
Issue of share capital |
100000 |
Dividend paid |
20000 |
|
Decrease in WC |
10000 |
Transfer to reserve fund |
10000 |
|
|
|
Purchase of Machinery |
110000 |
|
|
|
|
|
|
|
230000 |
|
230000 |
2074 Set. B Q. No. 16
Fund from
operation
|
Particular |
Amt. |
Amt. |
|
Net profit for the year |
|
80000 |
|
Add: Non-operating expenses |
|
|
|
:- Goodwill written off |
25000 |
|
|
:- Dividend paid |
50000 |
|
|
:- Depreciation charged on furniture |
12000 |
87000 |
|
|
|
167000 |
|
Less: Non-operating incomes |
|
0 |
|
Fund from operation |
|
167000 |
Funds flow statement
|
Source |
Amt. |
Application |
Amt. |
|
Fund from operation |
167000 |
10 % Redemption of debenture |
100000 |
|
Issue of share |
100000 |
Dividend paid |
50000 |
|
Decrease in WC |
3000 |
Furniture purchase |
120000 |
|
|
267000 |
|
267000 |
2073 Supp. Q. No. 16
Schedule
of changes in Working Capital
Fund flow statement
|
Particular |
Amt. |
Amt. |
|
Net profit for the year |
|
40000 |
|
Add: Non-operating expenses |
|
|
|
:- Depreciation charge in machinery |
10000 |
|
|
:- Transfer to general reserve |
10000 |
20000 |
|
|
|
60000 |
|
Less: Non-operating income |
|
0 |
|
FFO |
|
60000 |
2073 Set C Q. No. 16
Schedule
of changes in Working Capital
Funds flow statement
|
Source |
Amt. |
Application |
Amt. |
|
Issue of shares |
50000 |
Purchase of machine |
48000 |
|
Decrease WC |
7000 |
Payment of loan |
50000 |
|
Fund from operation |
51000 |
Dividend paid |
10000 |
|
|
108000 |
|
108000 |
2073 Set D Q. No. 16
Schedule
of changes in Working Capital
Funds from statement
|
Particular |
Amt. |
Amt. |
|
Net profit for the year |
|
80000 |
|
Add: Non-operating expenses |
|
|
|
:- Transfer to reserve |
20000 |
|
|
:- Depreciation on fixed assets |
20000 |
|
|
:- Provision for tax |
10000 |
50000 |
|
|
|
130000 |
|
Less: Non-operating
income |
|
|
|
:- Profit on
sales of fixed assets |
5000 |
(5000) |
|
|
|
125000 |
2072 Supp. Q. No. 16
Funds from operation
|
Particular |
Amt. |
Amt. |
|
Net profit for the year |
|
75000 |
|
Add: Non-operating expenses |
|
|
|
:- Goodwill written off |
5000 |
|
|
:- Depreciation on fixed assets |
10000 |
|
|
:- Loss on fixed assets |
2000 |
17000 |
|
|
|
92000 |
|
Less: Non-operating income |
|
0 |
|
FFO |
|
92000 |
Funds flow statement
|
Source |
Amt. |
Application |
Amt. |
|
Issue of share |
100000 |
Purchase of fixed assets |
70000 |
|
Sales of assets |
8000 |
Increase in WC |
130000 |
|
Funds from operation |
92000 |
|
|
|
|
200000 |
|
200000 |
2072 Set C Q. No. 16
Schedule
of changes in Working Capital
Funds flow statement
|
Source |
Amt. |
Application |
Amt. |
|
Issue of share |
70000 |
Increase in WC |
35000 |
|
FFO |
35000 |
Fixed assets purchase |
70000 |
|
|
105000 |
|
105000 |
2072 Set D Q. No. 16
Funds from operation
|
Particular |
Amt. |
Amt. |
|
Net profit for the year |
|
40000 |
|
Add: Non-operating expenses |
|
|
|
:- Goodwill written off |
2000 |
|
|
:- Dividend paid |
25000 |
|
|
:- Depreciation charged |
15000 |
42000 |
|
|
|
82000 |
|
Less: Non-operating income |
|
0 |
|
FFO |
|
82000 |
Fund flow Statement
|
Source |
Amt. |
Application |
Amt. |
|
Issue of share capital |
50000 |
Redemption of debenture |
50000 |
|
FFO |
82000 |
Dividend paid |
25000 |
|
Decrease in WC |
3000 |
Fixed assets purchased |
60000 |
|
|
135000 |
|
135000 |
2072 Set E Q. No. 16
Schedule
of changes in Working Capital
|
Source |
Amt. |
Application |
Amt. |
|
Issue of share |
100000 |
Purchase of fixed assets |
50000 |
|
FFO |
35000 |
Redemption of Loan |
40000 |
|
|
|
Increase in WC |
45000 |
|
|
135000 |
|
135000 |
2071 Supp. Q. No. 16
Funds from operation
|
Particular |
Amt. |
Amt. |
|
Net profit for the year |
|
100000 |
|
Add: Non-operating expenses |
|
|
|
:- Depreciation on assets |
50000 |
|
|
:- Goodwill written off |
5000 |
55000 |
|
|
|
155000 |
|
Less: Non-operating
incomes |
|
|
|
:- Profit on sales of fixed assets |
3000 |
(3000) |
|
FFO |
|
152000 |
Funds Flow Statement
|
Source |
Amt. |
Application |
Amt. |
|
Fund from operation |
152000 |
Purchased of fixed assets |
50000 |
|
Issue of share capital |
100000 |
Decrease in WC |
210000 |
|
Sales of fixed assets |
8000 |
|
260000 |
|
|
260000 |
|
|
2071 Set C Q. No. 16
Schedule
of changes in Working Capital
Funds flow statement
|
Source |
Amt. |
Application |
Amt. |
|
Issue of share capital |
100000 |
Machinery purchase |
85000 |
|
Funds from operation |
70000 |
Redemption of 7% debenture |
50000 |
|
|
|
Increase in WC |
35000 |
|
|
170000 |
|
170000 |
2071 Set D Q. No. 16
Funds from operation
|
Particular |
Amt. |
Amt. |
|
Net profit for the year |
|
30000 |
|
Add: Non-operating expenses |
|
|
|
:- Goodwill written off |
10000 |
|
|
:- Transfer to reserve |
10000 |
|
|
:- Dividend paid |
15000 |
|
|
:- Depreciation on machinery |
10000 |
45000 |
|
|
|
75000 |
|
Less: Non-operating income |
|
0 |
|
FFO |
|
75000 |
Funds flow statement
|
Source |
Amt. |
Application |
Amt. |
|
Issue of share capital |
50000 |
Machinery purchased |
100000 |
|
Funds from operation |
75000 |
Dividend paid |
15000 |
|
Decrease in WC |
20000 |
Transfer to reserve |
10000 |
|
|
125000 |
|
125000 |
2070 Supp. Q. No. 16
Schedule
of changes in Working Capital
Funds Flow statement
|
Source |
Amt. |
Application |
Amt. |
|
Issue of share capital |
50000 |
Increase in WC |
47000 |
|
Fund from operation |
13000 |
Purchase of fixed assets |
16000 |
|
|
63000 |
|
63000 |
2070 Set C Q. No. 16
Schedule
of changes in Working Capital
|
Particular |
Amt. |
Amt. |
|
Net profit for the year |
|
10000 |
|
Add: Non-operating expenses |
|
|
|
:- Depreciation charge in fixed assets |
20000 |
|
|
:- Tax paid |
5000 |
25000 |
|
|
|
30000 |
|
Less: Non-operating incomes |
|
|
|
:- profit on sale of machinery |
10000 |
(10000) |
|
FFO |
|
20000 |
2070 Set D Q. No. 16
Schedule
of changes in Working Capital
Funds from operation
|
Particular |
Amt. |
Amt. |
|
Net profit for the year |
|
80000 |
|
Add: Non-operating expenses |
|
|
|
:- Transfer to general reserve |
5000 |
|
|
:- Depreciation charge in fixed assets |
50000 |
|
|
:- Dividend paid |
20000 |
75000 |
|
|
|
155000 |
|
Less: Non-operating incomes |
|
|
|
:- profit on sale of machinery |
10000 |
(10000) |
|
FFO |
|
20000 |
2069 Supp. Set B Q. No. 16
Funds from operation
|
Particular |
Amt. |
Amt. |
|
Net profit for the year |
|
50000 |
|
Add: Non-operating expenses |
|
|
|
:- Goodwill written off |
35000 |
|
|
:- Dividend paid |
30000 |
|
|
:- Depreciation on fixed assets |
15000 |
80000 |
|
|
|
130000 |
|
Less: Non-operating income |
|
|
|
:- Profit on sale of fixed assets |
10000 |
(10000) |
|
FFO |
|
120000 |
Funds flow statement
|
Source |
Amt. |
Application |
Amt. |
|
Issue of share capital |
60000 |
Purchased of fixed assets |
100000 |
|
Funds from operation |
120000 |
Dividend paid |
30000 |
|
Sale of fixed assets |
150000 |
Increase in WC |
200000 |
|
|
330000 |
|
330000 |
2069 Supp. Set B Q. No. 16
Funds from operation
|
Particular |
Amt. |
Amt. |
|
Net profit for the year |
|
30000 |
|
Add: Non-operating expenses |
|
|
|
:- Goodwill written off |
5000 |
|
|
:- Dividend paid |
30000 |
|
|
:- Depreciation on fixed assets |
10000 |
45000 |
|
|
|
75000 |
|
Less: Non-operating income |
|
0 |
|
FFO |
|
75000 |
Funds flow statement
|
Source |
Amt. |
Application |
Amt. |
|
Issue of share capital |
100000 |
Fixed assets purchased |
150000 |
|
Funds from operation |
75000 |
Dividend paid |
30000 |
|
Decrease in WC |
35000 |
10% Debenture redemption |
30000 |
|
|
210000 |
|
210000 |