Question 21 Chapter 8 – Unimax Publication Class 12 Part 2 – 2021
Table of Contents
21. the following information exist in books.
Particulars | Opening ₹ | closing ₹ |
Investments | 34,000 | 28,000 |
The company sold (40% of investments held in the beginning of the year at a profit of 8,400. calculate ash from investing activities.
The solution of Question 21 Chapter 8 – Unimax Publication Class 12 Part 2-2021 : –
Calculation of cash flows from investing activities.
Particulars | ₹ | ₹ |
In flow from sale of investment: | ||
Cost of investing sold (40, of 34,000) | 13,600 | |
Add: profit on sale of investment | 8,400 | |
22,000 | ||
Outflow on purchase of investing | (7,600) | |
Net cash flow from investing activities | 14,400 |
Working note:
Investment Account
Particulars | ₹ | Particulars | ₹ |
To balance b/d | 34,000 | By bank A/c | 22,000 |
To profit and loss A/c | 8,400 | (Sale of investment) | |
(Profit on sale of inv.) | (13,600+8,400) | ||
To bank A/c | 7,600 | ||
(Purchase of investments) (BF.) | By balance c/d | 28,000 | |
50,000 | 50,000 |
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What is the cash flow statement? why do we need to prepare?
Unimax Publication – Accountancy PSEB Class 12 – Volume I – Solution
- Chapter No. 1 – Accounting Not for Profit Organisations
- Chapter No. 2 – Partnership Accounts – I (Introduction)
- Chapter No. 3 – Partnership Accounts – II (Goodwill: Nature and Valuation)
- Chapter No. 4 – Partnership Accounts – III (Change in Profit sharing ratio among Existing Partners )
- Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner)
- Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner)
- Chapter No. 7 – Partnership Accounts – VI (Dissolution of Partnership Firm)
Unimax Publication – Accountancy PSEB (Class 12) – Part – II – Solution
- Chapter No. 1 – Company Accounts (Share Capital)
- Chapter No. 2 – Company Accounts (Issue of Debentures)
- Chapter No. 3 – Company Accounts (Redemption of Debentures)
- Chapter No. 4 – Financial Statements of a Company
- Chapter No. 5 – Financial Statement Analysis
- Chapter No. 6 – Tools of Financial Statement Analysis- Comparative and Common Size
- Chapter No. 7 – Ratio Analysis
- Chapter No. 8 – Cash Flow Statement
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