Question 03 Chapter 5 of +2-B – USHA Publication 12 Class

Question 03 Chapter 5 of +2-B

Question 03 Chapter 5 of +2-B

Identification Of Activities

3. (Identification of Inflow & Outflow of Transactions) State which of the following would result in inflow/outflow/no effect on cash in each of the following cases.
(a) Cash deposited into bank
(b) Dividend declared by the company
(c) Dividend received by the finance company
(d) Interest on Long term debts paid
(e) Payment of cash to creditors
(f) Bonus shares (fully paid up) issued
(g) Machinery purchased, payment made partly in cash and partly by issue of shares
(h) Receipts from loans and advances
(i) Marketable securities sold for cash
(j) Commission paid to agents
(k) Refund of tax

The solution of Question 03 Chapter 5 of +2-B: – 

 

Items
Effect on Cash
(a) Cash deposited in to bankNo Effect
(b) Dividend declared by companyNo Effect
(c) Dividend received by finance companyInflow
(d) Interest on Long term debts paidOutflow
(e) Payment of cash to creditorsOutflow
(f) Bonus shares (fully paid up) issuedNo Effect
(g) Machinery purchased, payment made partly in cash and partly by issue of sharesOutflow
(h) Receipts from loans and advancesInflow
(i) Marketable securities sold for cashNo Effect
(j) Commission paid to agentsOutflow
(k) Refund of taxInflow


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 03 Chapter 5 of +2-B  - USHA Publication 12 Class
T.S. Grewal’s Analysis of Financial Statements

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