Raj Ltd gives you the following information for the year ended st March, :
i Sales for the year The Company sold goods for cash only.
ii Cost of goods sold was of sales.
iii Closing inventory was higher than Opening inventory by
iv Trade creditors on exceed the outstanding on by
y Tax paid during the year amounts to
vi Amounts paid to Trade Creditors during the year
vii Administrative and Selling Expenses paid
viii One new machinery was acquired in December for
ix Dividend paid during the year
x Cash in hand and at Bank on
xi Cash in hand and at Bank on
Prepare Cash Flow Statement for the year ended as per the prescribed Accounting Standard.
