Question 39 Chapter 5 of +2-B
Table of Contents
Cash Flow from Financing Activities
39. From the following information, prepare Cash Flow Statement:
| Particulars | Rs |
| Opening Cash and Bank Balances | 1,50,000 |
| Closing Cash and Bank Balances | 1,70,000 |
| Decrease in Stock | 80,000 |
| Increase in Bills Payable | 1,20,000 |
| Sale of Fixed Assets | 3,00,000 |
| Repayment of Long-term Loan | 5,00,000 |
| Net Profit for the Year | 20,000 |
The solution of Question 39 Chapter 4 of +2-B: –
Cash Flow From for the year ended 31st March, 2019 |
||
| Particulars |
Rs |
|
| I. Cash Flow from Financing Activities | ||
| Net Profit before tax and Extraordinary items | 20,000 | |
| Items to be Added: | —- | —- |
| Operating Profit before Working Capital Adjustments | 20,000 | |
| Add: Decrease in Current Assets | ||
| Stock | 80,000 | |
| Add: Increase in Current Liabilities | ||
| Bills Payable | 1,20,000 | 2,00,000 |
| Cash Generated from Operations | 2,20,000 | |
| Less: Taxes Paid | —- | |
| Cash Flow from Operating Activities | 2,20,000 | |
| II. Cash Flow from Financing Activities | ||
| Sale of Fixed Assets | 3,00,000 | 3,00,000 |
| Net Cash Flows from Investing Activities | 3,00,000 | |
| III. Cash Flow from Financing Activities | ||
| Repayment of Long-Term Loan | 5,00,000 | 5,00,000 |
| Net Cash Used in Financing Activities | 5,00,000 | |
| Net Increase or Decrease in Cash and Cash Equivalents | 20,000 | |
| Add: Cash and Cash Equivalent in the beginning of the period | 1,50,000 | |
| Cash and Cash Equivalents at the end of the period |
1,70,000 | |
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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
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