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

Question 26 Chapter 5 of +2-B

Question 26 Chapter 5 of +2-B

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)

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 26 Chapter 5 of +2-B  - T.S. Grewal 12 Class
T.S. Grewal’s Analysis of Financial Statements

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