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Question No 37 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
37. from the following information prepare a cash flow statement:
| Opening cash balance | ₹ 10,000 |
| Closing cash balance | ₹ 12,000 |
| Decrease in debtors | ₹ 5,000 |
| Increase in creditors | ₹ 7,000 |
| Sale of fixed assets | ₹ 20,000 |
| Redemption of debentures | ₹ 50,000 |
| Net profit for the year | ₹ 20,000 |
Cash flow statement
| Particulars | ₹ | ₹ | |
|---|---|---|---|
| (A)cash flow operating activities | |||
| Net profit from the year | 20,000 | ||
| Add: increase in current liabilities | |||
| Creditors | 7,000 | ||
| Decrease in current assets | |||
| Debtors | 5,000 | 12,000 | 12,000 |
| Net cash flow from operating activities | 32,000 | ||
| (B) cash flow from investing activities | |||
| Proceeds from sale of fixed assets | 20,000 | ||
| Net cash flow from investing activities | 20,000 | ||
| (C) cash flow from financing activities | |||
| Redemption of debentures | (50,000) | ||
| Net cash used in financing activities | (50,000) | ||
| Net increase in cash and cash equivalents | 2,000 | ||
| Opening cash balance | 10,000 | ||
| Closing cash balance | 12,000 | ||
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 No 37 Chapter 8 – UNIMAX Class 12 Part 2 – 2021", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to Unimax Accountancy Class 12 Part 2 - 2023.
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