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Question 25 Chapter 8 -Unimax Publication Class 12 Part 2 – 2021

Question 25 Chapter 8 -Unimax Publication Class 12 Part 2 - 2021
Question 25 Chapter 8 -Unimax Publication Class 12 Part 2 - 2021

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Question 25 Chapter 8 – Unimax Publication Class 12 Part 2 – 2021

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25. from the following particulars, calculate cash flows investing activities:

ParticularsPurchased ₹ Sold ₹
Plant6,20,0002,00,000
Investment2,40,00080,000
Goodwill1,00,000
Patents1,50,000

Interest received on debentures held as investment 8,000.
Interest paid on debentures issued 15,000.
Dividend received on share held as investing 20,000.
Dividend paid on equity share capital 25,000.
A pot of land was purchased out of the surplus funds for investment purpose and was let out for commercial use and rent received 30,000.

The solution of Question 25 Chapter 8 – Unimax Publication Class 12 Part 2-2021 : –

 Calculation of cash from investing activities

Particulars
Purchase of plant(6,20,000)
Proceeds from sale of plant2,00,000
Purchase of investments(2,40,000)
Proceeds from sale of investment80,000
Purchase of goodwill(1,00,000)
Proceeds from sale of patents1,50,000
Interest received8,000
Dividend received20,000
Rent received30,000
Net cash used in investing activities(4,72,000)

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Working notes:

Interest paid and dividend paid recorded in financing activities will not be recorded in investing activities
Cash from financing activities

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Unimax Publication – Accountancy PSEB Class 12 – Volume I – Solution

Unimax Publication – Accountancy PSEB (Class 12) – Part – II – Solution

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