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Question 26 Chapter 5 of +2-B – T.S. Grewal 12 Class

Question 26 Chapter 5 of +2-B
Question No.26 Chapter No.5 - T.S. Grewal +2 Book 2019-Solution

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Question 26 Chapter 5 of +2-B

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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:

ParticularsNote No.31st March,31st March,
  20192018
I. Equity and Liabilities    
1. Shareholders’ Funds   
(a) Share Capital 7,50,0005,00,000
(b) Reserves and Surplus 10,00,0008,50,000
3. Current Liabilities 4,50,0003,500,000
Total 22,00,00017,00,000
II. Assets   
1. Non-Current Assets    
(a) Fixed Assets (Tangible Assets) 12,00,00012,00,000
(b) Non-Current Investments 5,00,0003,00,000
2. Current Assets   
(a) Trade Receivables (Debtors)  3,00,0001,10,000
(b) Cash and Cash Equivalents 2,00,00090,000
Total 22,00,00017,00,000

Notes to Accounts

Particulars31st March,31st March,
 20192018
1. Tangible Asset  
Land10,00,0003,00,000
Building1,00,0004,00,000
Plant and Machinery1,00,0005,00,000
 12,00,00012,00,000

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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 Machine1,50,000 
Less: Purchase of Machinery (WN 1)1,50,000 
Less: Purchase of Non-Current Investments2,00,0002,00,000
Net Cash Used in Investing Activities 2,00,000

 


Plant and Machinery Account
Particulars
RsParticularRs
To Balance b/d5,00,000By Bank A/c (Sale)1,50,000
To Bank A/c (Purchase) (Bal. Fig.)1,50,000By Balance c/d5,00,000
 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)

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)

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

Question 1 Chapter 1 of +2-B
T.S. Grewal’s Analysis of Financial Statements

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