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Question: The Balance Sheets of XYZ Ltd as on 31st December, 2016 and 2017 are as given below:
a. Depreciation provided on plant was 8,000 and on building was Rs. 8,000.
Provision for taxation made during the year is Rs. 38,000.
c. Interim dividend paid during the year is Rs. 16,000.
From the above information, you are required to prepare Schedule of changes in Working Capital and Funds Flow Statement.
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