55 :- From the Following Balance Sheet and information of Sun Ltd., prepare Cash Flow Statement :
You are informed that during the year :
(i) Proposed Dividend 31st March, 2025 31st March, 2024
Equity Share Capital Nil Nil
Preference Share Capital 10% 10%
(ii) A machine with a book value of Rs 90,000 was sold for Rs 50,000.
(iii) Depreciation charged during the year Rs 60,000.
(iv) Debentures were issued on 1st April, 2024.
(v) Investments were purchased on 31st March, 2025.
(vi) Preference shares were Redeemed on 31st December, 2024.
(vii) An interim dividend @15% was paid on equity shares on 31st December, 2024.
(viii) Fresh Equity shares were issued at a premium of 5% on 31st March, 2025.
Solution :-
