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Question 34 Chapter 5 of +2-B
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Cash Flow from Financing Activities
34. From the following extracts of Balance Sheet of Exe Ltd., calculate Cash Flow from Financing Activities:
| Particulars | 31st March, | 31st March, |
| 2019 Rs | 2018 Rs | |
| Equity Share Capital | 5,25,000 | 4,00,000 |
| 10% Preference Share Capita | 4,00,000 | 5,50,000 |
| Securities Premium Reserve | 2,25,000 | 1,00,000 |
| 12% Debentures | 4,00,000 | 3,00,000 |
Additional Information:
1. Equity Shares were issued on 31st March, 2019.
2. Interim dividend on Equity Shares was paid @ 15%.
3. Preference Shares were redeemed on 31st March, 2019 at a premium of 5%. Premium paid
was debited to Statement of Profit and Loss.
4. 12% Debentures of face value 1,00,000 were issued on 31st March, 2019.
The solution of Question 34 Chapter 4 of +2-B: –
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Cash Flow From for the year ended 31st March, 2019 | ||
| Particulars | Rs | |
| I. Cash Flow from Financing Activities | ||
| Proceeds from Issue of Equity Shares | 1,25,000 | |
| Transfer to Securities Premium Reserve | 1,25,000 | |
| Proceeds from Issue of Debentures | 1,00,000 | 3,50,000 |
| Less: Premium on redemption of Preference Shares | 7,500 | |
| Less: Interim Dividend Paid | 60,000 | |
| Less: Redemption of Preference Share Capital | 1,50,000 | |
| Less: Interest on Debentures | 36,000 | |
| Less: Interest on Preference Share Capital | 55,000 | 3,08,500 |
| Net Cash Flow from Financing Activities | 41,500 | |
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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
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