Question 26 Chapter 5 of +2-B
Table of Contents
Cash Flow from Investing Activities
26. From the following Balance Sheet of Combiplast Ltd. for the year ended 31st March, 2019 and additional information, calculate Cash Flow from Investing Activities:
| Particulars | Note No. | 31st March, | 31st March, |
| 2019 | 2018 | ||
| I. Equity and Liabilities | |||
| 1. Shareholders’ Funds | |||
| (a) Share Capital | 7,50,000 | 5,00,000 | |
| (b) Reserves and Surplus | 10,00,000 | 8,50,000 | |
| 3. Current Liabilities | 4,50,000 | 3,500,000 | |
| Total | 22,00,000 | 17,00,000 | |
| II. Assets | |||
| 1. Non-Current Assets | |||
| (a) Fixed Assets (Tangible Assets) | 12,00,000 | 12,00,000 | |
| (b) Non-Current Investments | 5,00,000 | 3,00,000 | |
| 2. Current Assets | |||
| (a) Trade Receivables (Debtors) | 3,00,000 | 1,10,000 | |
| (b) Cash and Cash Equivalents | 2,00,000 | 90,000 | |
| Total | 22,00,000 | 17,00,000 |
Notes to Accounts
| Particulars | 31st March, | 31st March, |
| 2019 | 2018 | |
| 1. Tangible Asset | ||
| Land | 10,00,000 | 3,00,000 |
| Building | 1,00,000 | 4,00,000 |
| Plant and Machinery | 1,00,000 | 5,00,000 |
| 12,00,000 | 12,00,000 |
Additional Information: During the year the company sold machinery at Book Value of Rs 1,50,000.
The solution of Question 26 Chapter 4 of +2-B: –
Cash Flow From for the year ended 31st March, 2019 |
||
| Particulars |
Rs |
|
| I. Cash Flow from Investing Activities | ||
| Sale of Machine | 1,50,000 | |
| Less: Purchase of Machinery (WN 1) | 1,50,000 | |
| Less: Purchase of Non-Current Investments | 2,00,000 | 2,00,000 |
| Net Cash Used in Investing Activities | 2,00,000 | |
Plant and Machinery Account |
|||
| Particulars |
Rs | Particular | Rs |
| To Balance b/d | 5,00,000 | By Bank A/c (Sale) | 1,50,000 |
| To Bank A/c (Purchase) (Bal. Fig.) | 1,50,000 | By Balance c/d | 5,00,000 |
| 6,50,000 | 6,50,000 | ||
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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)
- Chapter No. 8 – Company Accounts – Accounting for Share Capital
- Chapter No. 9 – Company Accounts – Issue of Debentures
- Chapter No. 10 – Redemption of Debentures
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
