Question 01 Chapter 5 of +2-B – USHA Publication 12 Class

Question 01 Chapter 5 of +2-B
Q-1- CH-5 Book 2 - Usha Publisher +2 Book 2020 - Solution

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

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

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