Question 01 Chapter 5 of +2-B

Question 01 Chapter 5 of +2-B

Identification Of Activities

1. (Classification of Activities) Classify the following activities as (1) Operating activities (2) Investing activities (3) Financing activities

(a) Cash Sales(b) Cash purchases
(c) Income Tax Paid(d) Shares issued for cash 
(e) Interest paid on debentures(f) Advertisement expenses paid 
(g) Patents purchased (h) Payment to the supplier of goods
(i) Selling and distribution expenses(j) Commission received
(k) Discount allowed to Debtors (l) Dividend received on Investments
(m) Plant purchased (n) Expenses incurred on production

 

The solution of Question 01 Chapter 5 of +2-B: – 

 

Items
Heads of Cash Flow Statement
(a) Cash SalesOperating Activities
(b) Cash purchasesOperating Activities
(c) Income Tax PaidOperating Activities
(d) Shares issued for cashFinancing Activities
(e) Interest paid on debenturesFinancing Activities
(f) Advertisement expenses paidOperating Activities
(g) Patents purchasedInvesting Activities
(h) Payment to supplier of goodsOperating Activities
(i) Selling and distribution expensesOperating Activities
(j) Commission receivedOperating Activities
(k) Discount allowed to DebtorsOperating Activities
(l) Dividend received on InvestmentsInvesting Activities
(m) Plant purchasedInvesting Activities
(n) Expenses incurred on productionOperating Activities

 

Also, Check out the solved question of previous Chapters: –

Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

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

2 Book 3 min 225x300 - Question 01 Chapter 5 of +2-B  - USHA Publication 12 Class
T.S. Grewal’s Analysis of Financial Statements

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