Funds flow statement (Solution of NEB Question) Principle of Accounting II Grade 12 (2078-02-23)
2060 Q.No. The balance sheet of K and Co. as on 31 st December are as under. Liabilities Yr.1 st Yr. 2 nd Assets Yr.1 st Yr. 2 nd Share capital 10% debenture General reserve Profit & Loss a/c Sundry creditors Bills payable Provision for bad debt 520,000 400,000 100,000 80,000 80,000 40,000 5,000 600,000 300,000 120,000 150,000 70,000 50,000 6,000 Land & building Plant & machinery Inventory Sundry debtors Cash Goodwill Preliminary expenses 400,000 110,000 250,000 200,000 200,000 40,000 25,000 500,000 150,000 200,000 296,000 100,000 30,000 20,000 12,25,000 12,96,000 12,25,000 12,96,000 Additional information: i. Dividend paid for the year II-Rs.50,000 ii. D...