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✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
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Question 27 Chapter 5 of +2-B
27. From the following information, calculate Cash Flow from Investing Activities
| Particulars | 31st March, | 31st March, |
| 2019 | 2018 | |
| Plant and Machinery | 10,00,000 | 8,50,000 |
| Investment (Long −term) | 1,00,000 | 40,000 |
| Land (At cost) | 1,00,000 | 2,00,000 |
Additional Information:
1. Depreciation charged on Plant and Machinery Rs 50,000.
2. Plant and Machinery with a Book Value of Rs 60,000 was sold for Rs 40,000.
3. Land was sold at a profit of Rs 60,000.
4. No investment was sold during the year
Cash Flow From for the year ended 31st March, 2019
| Particulars |
Rs |
|
|---|---|---|
| I. Cash Flow from Investing Activities | ||
| Sale of Plant and Machinery (WN 1) | 40,000 | |
| Sale of Land (WN 2) | 1,60,000 | |
| Less: Purchase of Plant and Machinery (WN 1) | 2,60,000 | |
| Less: Purchase of Investments | 60,000 | 1,20,000 |
| Net Cash Used in Investing Activities | 1,20,000 | |
Plant and Machinery Account
| Particulars |
Rs | Particular | Rs |
|---|---|---|---|
| To Balance b/d | 8,50,000 | By Depreciation A/c | 50,000 |
| To Bank A/c (Purchase) (Bal. Fig.) | 2,60,000 | By Bank A/c (Sale) | 40,000 |
| By Loss on Sale (Profit and Loss A/c) | 20,000 | ||
| By Balance c/d | 10,00,000 | ||
| 11,10,000 | 11,10,000 |
Land Account
| Particulars |
Rs | Particular | Rs |
|---|---|---|---|
| To Balance b/d | 2,00,000 | By Bank A/c (Sale) (Bal. fig.) | 1,60,000 |
| To Bank A/c (Purchase) (Bal. Fig.) | 60,000 | By Balance c/d | 1,00,000 |
| 2,60,000 | 2,60,000 |
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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 27 Chapter 5 of +2-B - T.S. Grewal 12 Class", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to T.S. Grewal 12 Class Book Keeping Part - B - T.S. Grewal - XII.
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