Question 34 Chapter 5 of +2-B – T.S. Grewal 12 Class

Question 34 Chapter 5 of +2-B

Question 34 Chapter 5 of +2-B

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: –

 


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)

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

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