Question 01 Chapter 5 of +2-B – T.S. Grewal 12 Class

Question No. 01 - Chapter No.5 - T.S. Grewal +2 Book Part B

Question 01 Chapter 5 of +2-B

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)

T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)

T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

Question 1 Chapter 1 of +2-B
T.S. Grewal’s Analysis of Financial Statements

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