Question 39 Chapter 5 of +2-B – T.S. Grewal 12 Class

Question 39 Chapter 5 of +2-B

Question 39 Chapter 5 of +2-B

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

 

Thanks, Please Like and share with your friends  

Comment if you have any question.

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

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.