Loading Tutorstips...
✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
Question 48 Chapter 5 of +2-B
PREPARING OF CASH FLOW STATEMENT (WITHOUT ADJUSTMENT)
48. (CFS Showing Operating, Investing & Financing Activities) From the following particulars of Sanjeev Ltd. Prepare cash flow statement.
| Particulars | Note No. | Figures of the current reporting period | Figures of the previous reporting period |
| I. Equity and Liabilities | |||
| Shareholders Fund : | |||
| Equity Share Capital | 2,50,000 | 2,00,000 | |
| Reserves and surplus | |||
| Balance in Statement of Profit and Loss | 1,00,000 | 50,000 | |
| Discount on Debentures | (6,00) | -10,000 | |
| II. Non-Current Liabilities | |||
| Long-term Borrowings : | |||
| 10% Debentures | 1,00,000 | 50,000 | |
| III. Current Liabilities | |||
| Trade Payable | 80,000 | 40,000 | |
| Output CGST | 10,000 | 5,000 | |
| Output SGST | 10,000 | 5,000 | |
| IV. Provisions | |||
| Provision for doubtful debts | 20,000 | 10,000 | |
| 5,64,000 | 3,50,000 | ||
| V. Assets | |||
| Non-current Assets | |||
| Tangible Assets | |||
| Fixed Assets (Net) | 3,50,000 | 2,50,000 | |
| VI. Current Assets | |||
| Trade Receivable | 1,40,000 | 45,000 | |
| Marketable Securities | 14,000 | 15,000 | |
| Cash in hand | 60,000 | 40,000 | |
| 5,64,000 | 3,50,000 |
Prepare a Cash Flow Statement.
Cash Flow Statement
| Particulars |
Rs |
|
|---|---|---|
| (A) Cash Flow from Operating Activities | ||
| Closing balance of Profit and Loss | 1,00,000 | |
| Less: Opening balance of Profit and Loss | (50,000) | |
| Net profit of the year after appropriation | 50,000 | |
| Add: Interest on debentures | 5,000 | |
| Discount on debentures | 4,000 | |
| Cash operating Profit before Working Capital adj. | 59,000 | |
| Add: Increase in Current Liabilities | ||
| Tarde Payable | 40,000 | |
| Output CGST | 5,000 | |
| Output SGST | 5,000 | |
| Provision for doubtful debts | 10,000 | |
| Less: Increase in Current Assets | ||
| Trade receivable | 95,000 | 24,000 |
| Cash flow from Operating Activities | 24,000 |
|
| (B) Cash flows from Investing Activities | ||
| Outflow of Cash | ||
| Purchase of Fixed Assets | 1,00,000 | |
| Net cash used in investing Activities | 1,00,000 |
|
| (C) Cash flows from Financing Activities | ||
| Inflow of Cash | ||
| Share Capital Issued | 50,000 | |
| Issue of Debentures | 50,000 | |
| Outflow of Cash | ||
| Redemption of 10% Preference Shares | 5,000 | 95,000 |
| Net cash flow from financing activities | 95,000 |
|
| Total Cash flow (A + B + C) | 19,000 | |
| Opening Balance Cash | 55,000 | |
| Closing Balance Cash | 74,000 | |
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 48 Chapter 5 of +2-B - USHA Publication 12 Class", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to USHA Publication Part 2 volume I.
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 48 Chapter 5 of +2-B - USHA Publication 12 Class" instantly.
