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✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
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Question 28 Chapter 5 of +2-B
28. From the following extracts of a company, calculate Cash Flow from Investing Activities:
| Particulars | 31st March, | 31st March, |
| 2019 | 2018 | |
| Goodwill | 75,000 | 1,00,000 |
| Patents | 1,00,000 | 75,000 |
| Land | 90,000 | 1,00,000 |
| Furniture | 2,46,000 | 21,000 |
| Plant and Machinery Net | 2,00,000 | 2,00,000 |
| 10% Investments | 1,60,000 | 2,00,000 |
| Accrued Interest on Investments | 6,000 |
Cash Flow From for the year ended 31st March, 2019
| Particulars |
Rs |
|
|---|---|---|
| I. Cash Flow from Investing Activities | ||
| Interest received on Investment* | 14,000 | |
| Sale of Investment* | 20,000 | |
| Sale of Land | 10,000 | |
| Less: Purchase of Patents | 25,000 | |
| Less: Purchase of Furniture | 2,25,000 | 2,06,000 |
| Net Cash Used in Investing Activities | 2,06,000 | |
* Sale of Investment has been assumed that investment sold at the end of the accounting year.
*Interest on Investment:-
| Interest on Investment | = | 10% |
| = | Rs 2,00,000 X 10% | |
| = | Rs 20,000 | |
| Less: Accrued Interest | = | Rs 6,000 |
| Interest Received | = | Rs 14,000 |
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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 28 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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