Purchase of fixed assets

Question

From the following Summary Cash Account of X Ltd. prepare Cash Flow Statement for the year ended 31st March, 2006 in accordance with AS 3 using the direct method. The company does not have any cash equivalents.

• Summary Cash Account for the year ended 31.3.2006
• Rs. %u2019000
• Balance on 1.4.2005 50
• Payment to Suppliers 2,000
  
  • Issue of Equity Shares 300
• Purchase of Fixed Assets 200
  
  • Receipts from Customers 2,800
• Overhead expense 200
  
  • Sale of Fixed Assets 100
• Wages and Salaries 100
  
  • Taxation 250
  • Dividend 50
  • Repayment of Bank Loan 300
  • Balance on 31.3.2006 150