Goodwill | 12,000| 10,000

i.Tax 0
ii. Board of Directors proposed dividend@12%

9. Explain cash inflows and outflows. Distinguish Cash Flow Analysis and Funds Flow Analysis

10. The authorized capital of M/S. Amitab Marketing Limited is ₹1,00,00,000 (10,00,000 shares at
%10each) and the following is the trial balance of the company as on 31.03.2015, you are
required to prepare Profit & Loss appropriation A/c and Balance Sheet as on 31.03.2015.

Paid up share capital (Issued capital of 400000

shares of each) 40,00,000

General Reserve

Bank overdraft

Profit and Loss Account 24,73,850

Goodwill

Debentures 10,00,000

Bills receivable

Interim dividend paid

Debenture redemption reserve

Securities Premium Account 50,000

Furniture 1/62,000

Creditors 22,06,800

Cash in hand

Cash at bank

Bills payable 34,250

Investments 10,00,000
Debtors 24,55,000

Stock 18,60,000

Building 14,60,000

Plant and machinery 21,20,000

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