Question 43 Chapter 5 of +2-B
Table of Contents
Cash Flow From Financing Activities
43. (Cash Flow from Financing Activities) From the following particulars of Tushar Ltd., calculate Cash Flows from Financing Activities :
| Particulars | 2017 ₹ | 2018 ₹ | Particulars | 2017 ₹ | 2018 ₹ |
| Equity Share Capital | 6,00,000 | 8,00,000 | Discount on Issue of Debentures | 5,000 | 6,000 |
| 18% Pref. Share Capital | 4,00,000 | 2,00,000 | Underwriting commission on Issue of Shares | – | 10,000 |
| Securities Premium Reserve | 1,00,000 | 1,30,000 | |||
| 14% Debentures | 2,00,000 | 3,00,000 |
Additional Information :
1. Preference Dividend on preference shares and an interim Dividend @15% were paid on equity shares on 31.12.2018
2. Preference shares were redeemed on 31.12.2018 at a premium of 5%. Such premium has been provided out of profits.
3. New shares and debentures were issued on 31.12.2018
The solution of Question 43 Chapter 5 of +2-B: –
Cash Flow From Financing Activities |
||
| Particulars |
Rs |
|
| The inflow of cash : | ||
| Add: Issue equity shares | 2,00,000 | |
| Securities Premium Reserve Received | 30,000 | |
| Cash from Debentures | 10,000 | 2,20,000 |
| 2,20,000 | ||
| The outflow of cash : | ||
| Less: Underwriting Commission | 10,0000 | |
| Discount on Debentures | 1,000 | |
| Redemption of Preference Shares | 2,00,000 | |
| Premium on Redemption | 10,000 | |
| Preference Dividend Paid (18% of ₹ 4,00,000) | 72,000 | |
| Interest paid on Debentures (14% of ₹ 2,00,000) | 28,000 | |
| Interim dividend paid (15% of ₹ 6,00,000) | 90,000 | 4,11,000 |
| Net used in From Financing Activities | 81,000 | |
Also, Check out the solved question of previous Chapters: –
Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution
- Chapter No. 1 – Accounting Not for Profit Organisations
- Chapter No. 2 – Partnership Accounts – I (Introduction)
- Chapter No. 3 – Partnership Accounts – II (Goodwill: Nature and Valuation)
- Chapter No. 4 – Partnership Accounts – III (Reconstitution of Partnership)
- Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner)
- Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner)
- Chapter No. 7 – Partnership Accounts – VI (Dissolution of Partnership Firm)
- Chapter No. 8 – Company Accounts (Share Capital)
- Chapter No. 9 – Company Accounts (Issue of Debentures)
- Chapter No. 10 – Company Accounts (Redemption of Debentures)
Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution
- Chapter No. 1 – Financial Statements of a Company
- Chapter No. 2 – Financial Statement Analysis
- Chapter No. 3 – Tools of Financial Statement Analysis- Comparative and Common Size
- Chapter No. 4 – Ratio Analysis
- Chapter No. 5 – Cash Flow Statement
Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication
