Loading Tutorstips...
✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
Question 1 Chapter 15 of Class 12 Part – 2 – 2024
Identification Of Activities
1. (Classification of Activities) Classify the following activities as (1) Operating activities (2) Investing activities (3) Financing activities
| (a) Cash Sales | (b) Cash purchases |
| (c) Income Tax Paid | (d) Shares issued for cash |
| (e) Interest paid on debentures | (f) Advertisement expenses paid |
| (g) Patents purchased | (h) Payment to the supplier of goods |
| (i) Selling and distribution expenses | (j) Commission received |
| (k) Discount allowed to Debtors | (l) Dividend received on Investments |
| (m) Plant purchased | (n) Expenses incurred on production |
| Items |
Heads of Cash Flow Statement |
|---|---|
| (a) Cash Sales | Operating Activities |
| (b) Cash purchases | Operating Activities |
| (c) Income Tax Paid | Operating Activities |
| (d) Shares issued for cash | Financing Activities |
| (e) Interest paid on debentures | Financing Activities |
| (f) Advertisement expenses paid | Operating Activities |
| (g) Patents purchased | Investing Activities |
| (h) Payment to supplier of goods | Operating Activities |
| (i) Selling and distribution expenses | Operating Activities |
| (j) Commission received | Operating Activities |
| (k) Discount allowed to Debtors | Operating Activities |
| (l) Dividend received on Investments | Investing Activities |
| (m) Plant purchased | Investing Activities |
| (n) Expenses incurred on production | Operating Activities |
Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.
This guide covers "Question 1 Chapter 15 of Class 12 Part – 2 – 2024", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to Textbook Solution.
It is primarily curated for Class 11 and Class 12 high school commerce, accounting, and economics students, as well as aspirants preparing for board exams or CA Foundation.
You can take our custom-built interactive practice quiz directly on this page to test your understanding of "Question 1 Chapter 15 of Class 12 Part – 2 – 2024" instantly.