Question 24 Chapter 5 of +2-B – T.S. Grewal 12 Class

Question 24 Chapter 5 of +2-B

Question 24 Chapter 5 of +2-B

Cash Flow from Investing Activities

24. From the following details. Calculate Cash Flow from Investing Activities

Particulars 31st March, 31st March,
  2019 2018
Investment in 10% Debentures 10,00,000 5,00,000
Land and Building 15,00,000 9,00,000

Additional Information:
1. Half of the investment held in the beginning of the year were sold at 10% profit.
2. Depreciation on Land and Building was Rs 50,000 for the year.
3. Interest received on investments Rs 75,000.

 

The solution of Question 24 Chapter 4 of +2-B: –

 


Cash Flow From for the year ended 31st March, 2019
Particulars
Rs
I. Cash Flow from Investing Activities    
Interest received on Investments 75,000  
Sale of Debentures (WN 1) 2,75,000  
Less: Purchase of Land and Building (WN 2) 6,50,000  
Less: Purchase of Debentures 7,50,000 10,50,000
Net Cash Used in Investing Activities   10,50,000

 

 

Working Note:- 1


10% Debentures Account
Particulars
Rs Particular Rs
To Balance b/d 5,00,000 By Bank A/c (Sale) 2,75,000
To Profit on Sale ( Statement Profit
and Loss )
25,000 By Balance c/d 10,00,000
To Bank A/c (Purchase) (Bal. fig.) 7,50,000    
  12,75,000   12,75,000


Land and Building Account
Particulars
Rs Particular Rs
To Machinery A/c 9,00,000 By Depreciation 50,000
To Balance c/d 6,50,000 By Balance c/d 15,00,000
  15,50,000   15,50,000

 


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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)

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

2 Book 3 min 225x300 - Question 24 Chapter 5 of +2-B  - T.S. Grewal 12 Class
T.S. Grewal’s Analysis of Financial Statements

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