Question - 16

Calculate cash flows from financing activities :

31.03.2018:

Equity share capital Rs. 5,00,000

10% Preference share capital Rs. 3,00,000

12% Debenture Rs. 1,00,000

Securities premium reserve Rs. 1,50,000

Proposed Dividend Rs. 1,80,000

31.03.2018:

Equity share capital Rs. 4,00,000

10% Preference share capital Rs. 5,00,000

12% Debenture Rs. 1,50,000

Securities premium reserve Rs. 1,30,000

Proposed Dividend Rs. 1,50,000

Additional Informations :

  1. Equity shares were issued on 31.03.2018.
  2. Interim dividend on equity shares was paid @ 15%.
  3. Preference shares were received on 01.04.2017 at 5% premium.
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