Question 42 Chapter 5 of +2-B – T.S. Grewal 12 Class

Question 42 Chapter 5 of +2-B
Question No.42 Chapter No.5 - T.S. Grewal +2 Book 2019-Solution


Question 42 Chapter 5 of +2-B


42. Prepare a Cash Flow Statement on the basis of the information given in the Balance Sheet of Libra at 31st March, 2013 and 31st March 2012:

ParticularsNote No. 31st March 2013 Rs31st March 2012 Rs 
1. Shareholders’ Funds    
(a) Share Capital 8,00,0006,00,000
(b) Reserves and Surplus14,00,0003,00,000
2. Non-Current Liabilities   
Long-term Borrowings 1,00,0001,50,000
3. Current Liabilities   
(a) Trade Payables  40,00048,000
Total 13,40,00010,98,000
1. Non-Current Assets   
(a) Fixed Assets : 8,50,0005,60,000
Tangible Assets 2,32,0001,60,000
(b) Non-Current Investments   
2. Current Assets   
(a) Current Investments 50,0001,34,000
(b) Inventories 76,00082,000
(c) Trade Receivables 38,00092,000
(d) Cash and Cash Equivalents 94,00070,000
Total 13,40,00010,98,000

Notes to Accounts

Particulars31st March, 31st March, 2012 (Rs)
 2013 (Rs) 
1. Reserves and Surplus  
Surplus, i.e., Balance in Statement of Profit and Loss4,00,0003,00,000




The solution of Question 42 Chapter 4 of +2-B: –

Cash Flow Statement for the year ended 31st March,2013
I. Cash Flow from Financing Activities  
Profit as per Statement of Profit and Loss :  
Closing Balance of Profit & Loss4,00,000 
Less: Opening Balance of Profit & Loss3,00,0001,00,000
Profit Before Tax and extraordinary Items 1,00,000
Operating Profit before Working Capital Adjustments 1,00,000
Add: Decrease in Current Assets  
Trade Receivables54,000 
Less: Decrease in Current Liabilities  
Trade Payables8,00052,000
Cash Generated from Operations 1,52,000
Less: Taxes Paid 
Cash Flow from Operating Activities 1,52,000
II. Cash Flow from Financing Activities  
Purchase of Tangible Assets2,90,000 
Purchase on Non Current Investment72,0003,62,000
Net Cash Used in Investing Activities 3,62,000
III: Cash Flow from Financing Activities  
Issue of Share Capital2,00,000 
Less : Long Term Borrowings50,0001,50,000
Net Cash Flow from Financing Activities 1,50,000
IV. Net Decrease in Cash and Cash Equivalents
Add: Cash and Cash Equivalents in the beginning of the period
Cash and Cash Equivalents at the end of the period

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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)

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)

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

Question 1 Chapter 1 of +2-B
T.S. Grewal’s Analysis of Financial Statements


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