Question 03 Chapter 5 of +2-B
Table of Contents
2. Classify the following transactions as Operating Activities for a financial
company and a non-financial company:
| (a) Sale of Fixed Assets, Book Value 1,00,000 at a profit of 10,000. |
| (b) Sale of goods against cash. |
| (c) Purchase of machinery for cash. |
| (d) Purchase of Land and Building for 10,00,000. Consideration paid by issue of debentures. |
| (e) Issued fully paid Bonus Shares. |
| (f) Cash withdrawn from bank. |
| (g) Payment of Interim Dividend. |
| (h) Proposed Dividend. |
The solution of Question 04 Chapter 4 of +2-B: –
| Items | Heads of Cash Flow Statement |
| (a) Sale of Fixed Assets, Book Value 1,00,000 at a profit of 10,000. |
Inflow |
| (b) Sale of goods against cash. | Inflow |
| (c) Purchase of machinery for cash. | Outflow |
| (d) Purchase of Land and Building for 10,00,000. Consideration paid by issue of debentures. |
No Flow |
| (e) Issued fully paid Bonus Shares. | No Flow |
| (f) Cash withdrawn from bank. | No Flow |
| (g) Payment of Interim Dividend. | Outflow |
| (h) Proposed Dividend. | No Flow |
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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
