CASH FLOW STATEMENTQ1 The following is the Balance Sheet of Pawan Ltd. as at 31st March, 2019, prepare a Cash Flow Statement:ParticularsNote No.2018-19 (Rs.)2017-18 (Rs.)I. EQUITY AND LIABILITIES (1) Shareholders Funds (a) Share Capital (b) Reserves and Surplus (2) Non-Current Liabilities Long-term Borrowings (3) Current Liabilities (a) Trade Payables (b) Short Term-Provisions112,00,0003,00,0002,40,0001,79,00050,00011,00,0002,00,0001,70,0002,04,00077,000Total19,69,00017,51,000II. ASSETS (1) Non-Current Assets (a) Fixed Assets (i) Tangible Assets (ii) Intangible Assets (2) Current Assets (a)Current Investments (Marketable Securities) (b) Inventories (c) Trade Receivables (d)Cash and Cash Equivalents 2310,70,00040,0002,40,0001,29,0001,70,0003,20,0008,50,0001,12,0001,50,0001,21,0001,43,0003,75,000Total19,69,00017,51,000Note to Accounts2018-19(Rs.)2017-18 (Rs.)Reserves and Surplus:Surplus, i.e., Balance in Statement of Profit and loss (2) Tangible Assets:MachineryLess: Accumulated DepreciationIntangible Assets:Goodwill3,00,0001270000(2,00000)1070000 40,0002,00,00010,00,000(1,50,000) 8,50,0001,12,000Additional information:During the year a piece of machinery, costing Rs. 24,000 on which accumulated depreciation was Rs. 16,000, was sold for Rs. 6,000.Q 2 The following is the Balance Sheet of NXG Ltd. as at 31st March, 2019, prepare a Cash Flow Statement:Balance Sheet as at 31st March, 2017ParticularsNote No.31.3.201931.3.2018I – EQUITY AND LIABILITIES 1. Shareholder’s Funds:(a) Share Capital 15,00,000 10,00,000(b) Reserves and Surplus (Balance in Statement of Profit and Loss)7,50,000 6,00,0002. Non-Current Liabilities:Long-term Borrowings 11,00,0002,00,0003. Current Liabilities:(a) Trade Payables 1,00,000 1,10,000(b) Short-term Provisions 2 95,000 80,000Total 25,45,000 9,90,000II – ASSETS1. Non-Current Assets:(a) Fixed Assets:(i) Tangible Assets 310,10,000 9,00,000(ii) Intangible Assets 42,80,000 2,00,000(b) Non-Current Investments: 5,00,000 —2. Current Assets:(a) Inventories 1,80,000 1,00,000(b) Trade Receivables 2,00,000 1,50,000(c) Cash and Cash Equivalents 53,75,000 6,40,000Total 25,45,000 19,90,000Notes to Accounts :Note No.Particulars31.3.201931.3.20181.Long-term Borrowings :9% Debentures1,00,0002,00,0001,00,000 2,00,0002.Short-term Provisions :Provision for Tax95,00080,00095,000 80,0003.Tangible Assets :Plant and Machinery12,10,00011,40,000Accumulated Depreciation(2,00,000) (2,40,000)10,10,0009,00,0004.Intangible Assets :Goodwill2,80,0002,00,0002,80,0002,00,0005.Cash and Cash Equivalents :(i) Cash in Hand70,0003,50,000(ii) Bank Balance3,05,0002,90,0003,75,000 6,40,000Additional Information :(i) During the year, a machine costing Rs.80,000 on which accumulated depreciation was Rs.50,000 was sold for Rs.30,000.(ii) 9% Debentures were redeemed on 31st March, 2019.6​