Question 46 Chapter 5 of +2-B – USHA Publication 12 Class

Question 46 Chapter 5 of +2-B

Question 46 Chapter 5 of +2-B

PREPARING OF CASH FLOW STATEMENT (WITHOUT ADJUSTMENT)

46. (CFS from Operating, Investing & Financing Activities) From the following particulars of Vandana Ltd. Prepare cash flow statement.

Particulars  Note No.31st March,201831st March, 2017
I. Equity and Liabilities     
 Shareholders Fund :      
Share Capital   1,50,0001,00,000
10% Preference share capital    25,00050,000
Reserves and surplus      
Balance in Statement of Profit and Loss    1,00,00050,000
Current Liabilities     
Trade Payable   1,00,00075,000
Total   3,75,0002,75,000
II. Assets     
Non – Current Assets     
Fixed Assets (Net)    1,50,0001,00,000
10% Investments     1,50,0001,25,000
Current Assets 31-03-1831-03-17   
Trade Receivable  40,00020,000   
Less provision for doubtful debts  15,00010,000 25,00010,000
Cash in hand    50,00040,000
Total    3,75,0002,75,000

Prepare a Cash Flow Statement.

The solution of Question 46 Chapter 5 of +2-B: – 

Cash Flow Statement of Hitesh Ltd.
Particulars
Rs
(A) Cash Flow from Operating Activities  
Net Profit as per balance sheet 50,000
Adjustment Non-Operating or Non-Cash items  
Less: Non-Operating Incomes  
Interest on investment @ 10% on 1,25,000 12,500
Cash operating Profit before Working Capital adj. 37,500
Add: Increase in Current Liabilities  
Tarde Payable25,000 
Provision for doubtful debts25,000 
Less: Increase in Current Assets  
Trade receivable20,00010,000
Cash used in Operating Activities 47,500
(B) Cash flows from Investing Activities  
Outflow of Cash  
 Purchase of Fixed Assets50,000 
Purchase of Investments25,000 
Inflow of Cash  
Interest received on investments12,50062,500
Net cash used in investing Activities 62,500
(C) Cash flows from Financing Activities
  
Inflow of Cash  
 Issue of equity Share Capital50,000 
Outflow of Cash  
Redemption of 10% Preference Shares25,00025,000
Net cash flow from financing activities 25,000
Total Cash flow (A + B + C) 10,000
Opening Balance Cash 40,000
Closing Balance Cash 50,000




Also, Check out the solved question of previous Chapters: –

Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

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

2 Book 3 min 225x300 - Question 46 Chapter 5 of +2-B  - USHA Publication 12 Class
T.S. Grewal’s Analysis of Financial Statement

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