Question 03 Chapter 5 of +2-B – T.S. Grewal 12 Class

Question 03 Chapter 5 of +2-B

Question 03 Chapter 5 of +2-B

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(f) Cash withdrawn from bank.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(f) Cash withdrawn from bank.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)

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

2 Book 3 min 225x300 - Question 03 Chapter 5 of +2-B  - T.S. Grewal 12 Class
T.S. Grewal’s Analysis of Financial Statements

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