Acharya Nagarjuna University (ANU) 2006 B.B.M Management - Question Paper

Equity Share Capital 2,00,000 2,50,000 Bank 35,000 16,000
12% Debentures 1,00,000 80,000 Stock 40,000 75,000
10% Preference Share Capital 50,000 80,000 Debtors 90,000 1,50,000
Bank Loan 70,000 1,10,000 Machinery 75,000 60,000
Reserves 20,000 25,000 Furniture 10,000 8,000
P & L A/c 50,000 60,000 Land 1,70,000 2,80,000
Creditors 60,000 75,000 Buildings 1,40,000 99,000
Bills Payable 40,000 33,000 Goodwill 30,000 25,000
5,90,000 7,13,000 5,90,000 7,13,000
* Additional Information:
1. Depreciation charged during 2005 was Rs. 4,000/- on Furniture. Rs. 12,000/- on Machinery and Rs. 20,000/- on Buildings.
2. Part of Machinery was sold for Rs. 15,000/- at a loss of Rs. 4,000/.
3. During 2005 interim dividend was paid Rs. 10,000 & Income Tax was paid Rs. 5,000/-.
4. During the year part of the Building was sold at book-value.
5. You are needed to prepare Cash Flow Statement as per AS. three (Use Indirect method).
* Q 4. Re-write the subsequent statement of modifications in working capital by calculating the missing figures: - 16
*
Statement of modifications in working capital

Particulars 31-12-2004 31-12-2005 Working Capital
increase/ (Decrease)
(A) Current Assets
Stock 1, 00,000 ? 20,000
Debtors ? 70,000 ?
Cash 10,000 15,000 ?
Bank 25,000 ? 25,000
Bills Receivables 30,000 25,000 ?
Prepaid Expenses 5,000 ? 1000
(A) ? ? -
(B) Current Liabilities
Creditors 20,000 ? (10,000)
Bills Payable 10,000 5,000 ?
Outstanding Wages 3,000 ? 1,000
Outstanding Salary ? 4,000 ?
(B) 40,000 ? -
Working Capital (A-B) ? ? -
Increase in working capital 35,000
60,000
* Q.5 A & B carrying on partnership business. Their position as on 31st March 2005, 2004& 2003 is as follows: 16
*
(i) Balance sheets as at 31st March :
(Rs. in lacs)
Assets 2005 2004 2003
Fixed Assets (at cost less Depreciation) 30.00 25.00 24.00
Investment 2.00 1.00 2.00
Stock in Trade 12.00 10.00 8.00
Accounts Receivable 18.00 15.00 12.00

Earning:   Approval pending.