Question 03 Chapter 5 of +2-B - T.S. Grewal 12 Class

Question 03 Chapter 5 of +2-B

2. Classify the following transactions as Operating Activities for a financial
company and a non-financial company:

(a) Sale of Fixed Assets, Book Value 1,00,000 at a profit of 10,000.

(b) Sale of goods against cash.

(c) Purchase of machinery for cash.

(d) Purchase of Land and Building for 10,00,000. Consideration paid by issue of debentures.

(e) Issued fully paid Bonus Shares.

(f) Cash withdrawn from bank.

(g) Payment of Interim Dividend.

(h) Proposed Dividend.

 

The solution of Question 04 Chapter 4 of +2-B: -

Items	Heads of Cash Flow Statement
(a) Sale of Fixed Assets, Book Value 1,00,000 at a profit of 10,000.	Inflow
(b) Sale of goods against cash.	Inflow
(c) Purchase of machinery for cash.	Outflow
(d) Purchase of Land and Building for 10,00,000. Consideration paid by issue of debentures.	No Flow
(e) Issued fully paid Bonus Shares.	No Flow
(f) Cash withdrawn from bank.	No Flow
(g) Payment of Interim Dividend.	Outflow
(h) Proposed Dividend.	No Flow

 

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Also, Check out the solved question of previous Chapters: -

T.S. Grewal’s Double Entry Book Keeping +2 (Vol. I: Accounting for Not-for-Profit Organizations and Partnership Firms)

• Chapter No. 1 - Financial Statement of Not-For-Profit Organisations
• Chapter No. 2 - Accounting for Partnership Firms - Fundamentals
• Chapter No. 3 - Goodwill: Nature and Valuation
• Chapter No. 4 - Change in Profit-Sharing Ratio Among the Existing Partners
• Chapter No. 5 - Admission of a Partner
• Chapter No. 6 - Retirement/Death of a Partner
• Chapter No. 7 - Dissolution of a Partnership Firm

T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)

• Chapter No. 8 - Company Accounts -  Accounting for Share Capital
• Chapter No. 9 - Company Accounts - Issue of Debentures
• Chapter No. 10 - Redemption of Debentures

T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)

• Chapter No. 1 - Financial Statements of a Company
• Chapter No. 2 - Financial Statement Analysis 
• Chapter No. 3 - Tools of Financial Statement Analysis - Comparative Statements and Common- Size Statements
• Chapter No. 4 - Accounting Ratios
• Chapter No. 5 - Cash Flow Statement

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication