Question 01 Chapter 5 of +2-B
Table of Contents
1. Identify the transactions as belonging to (i) Operating Activities, (ii)
Investing Activities, (iii) Financing Activities and (iv) Cash and Cash Equivalents:
(a)Cash Sale of Goods | (b) Cash Received against Revenue from Services rendered |
(c) Cash Purchase of Goods | (d) Cash Paid against Services Taken |
(e) Patents Purchased | (f) Marketable Securities |
(g) Bank Overdraft | (h) Proceeds from Issue of Debentures |
(i) Purchase of Shares | (j) Repayment of Long-term Loan |
(k) Commission Received | (l) Redemption of Debentures |
(m) Interest on Debentures | (n) Interest on Investments |
(o) Income Tax Paid | (p) Income Tax Paid on Gain of Sale of Asset |
(q) Cash Received from Debtors | (r) Cash Paid to Creditors. |
The solution of Question 01 Chapter 4 of +2-B: –
Items | Heads of Cash Flow Statement |
(a)Cash Sale of Goods. | Operating Activities |
(b) Cash Received against Revenue from Services rendered. | Operating Activities |
(c) Cash Purchase of Goods. | Operating Activities |
(d) Cash Paid against Services Taken. | Operating Activities |
(e) Patents Purchased. | Investing Activities |
(f) Marketable Securities. | Cash and Cash Equivalents |
(g) Bank Overdraft. | Financing Activities |
(h) Proceeds from Issue of Debentures. | Financing Activities |
(i) Purchase of Shares. | Investing Activities |
(j) Repayment of Long-term Loan. | Financing Activities |
(k) Commission Received. | Operating Activities |
(l) Redemption of Debentures. | Financing Activities |
(m) Interest on Debentures. | Financing Activities |
(n) Interest on Investments. | Investing Activities |
(o) Income Tax Paid. | Operating Activities |
(p) Income Tax Paid on Gain of Sale of Asset. |
Investing Activities |
(q) Cash Received from Debtors. | Operating Activities |
(r) Cash Paid to Creditors. | Operating Activities |
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Also, Check out the solved question of previous Chapters: –
T.S. Grewal’s Double Entry Book Keeping +2 (Vol. I: Accounting for Not-for-Profit Organizations and Partnership Firms)
- Chapter No. 1 – Financial Statement of Not-For-Profit Organisations
- Chapter No. 2 – Accounting for Partnership Firms – Fundamentals
- Chapter No. 3 – Goodwill: Nature and Valuation
- Chapter No. 4 – Change in Profit-Sharing Ratio Among the Existing Partners
- Chapter No. 5 – Admission of a Partner
- Chapter No. 6 – Retirement/Death of a Partner
- Chapter No. 7 – Dissolution of a Partnership Firm
T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)
- Chapter No. 8 – Company Accounts – Accounting for Share Capital
- Chapter No. 9 – Company Accounts – Issue of Debentures
- Chapter No. 10 – Redemption of Debentures
T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)
- Chapter No. 1 – Financial Statements of a Company
- Chapter No. 2 – Financial Statement Analysis
- Chapter No. 3 – Tools of Financial Statement Analysis – Comparative Statements and Common- Size Statements
- Chapter No. 4 – Accounting Ratios
- Chapter No. 5 – Cash Flow Statement
Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication
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