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,2018 31st March, 2017
I. Equity and Liabilities          
 Shareholders Fund :           
Share Capital       1,50,000 1,00,000
10% Preference share capital        25,000 50,000
Reserves and surplus           
Balance in Statement of Profit and Loss        1,00,000 50,000
Current Liabilities          
Trade Payable       1,00,000 75,000
Total       3,75,000 2,75,000
II. Assets          
Non – Current Assets          
Fixed Assets (Net)        1,50,000 1,00,000
10% Investments         1,50,000 1,25,000
Current Assets  31-03-18 31-03-17      
Trade Receivable   40,000 20,000      
Less provision for doubtful debts   15,000 10,000   25,000 10,000
Cash in hand        50,000 40,000
Total        3,75,000 2,75,000

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 Payable 25,000  
Provision for doubtful debts 25,000  
Less: Increase in Current Assets    
Trade receivable 20,000 10,000
Cash used in Operating Activities   47,500
(B) Cash flows from Investing Activities    
Outflow of Cash    
 Purchase of Fixed Assets 50,000  
Purchase of Investments 25,000  
Inflow of Cash    
Interest received on investments 12,500 62,500
Net cash used in investing Activities   62,500
(C) Cash flows from Financing Activities
   
Inflow of Cash    
 Issue of equity Share Capital 50,000  
Outflow of Cash    
Redemption of 10% Preference Shares 25,000 25,000
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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