Question 47 Chapter 5 of +2-B – USHA Publication 12 Class

Question 47 Chapter 5 of +2-B
Q-47- CH-5 Book 2 - Usha Publisher +2 Book 2019 - Solution


Question 47 Chapter 5 of +2-B


47. (CFS Showing Operating, Investing & Financing Activities/Proposed Dividend) From the following particular prepare cash flow statement.

ParticularsNote No.31st March,201831st March, 2017
I. Equity and Liabilities   
 Shareholders Fund :    
Equity Share Capital 1,50,0001,00,000
Reserves and surplus    
Balance in Statement of Profit and Loss  1,00,00075,000
Current Liabilities   
Short-Term Borrowings :    
Bank overdraft 25,00015,000
Provision for Taxation 15,00010,000
Total 2,90,0002,00,000
Non-current Assets   
Tangible Assets   
Fixed assets 1,00,0001,00,000
Less: accumulated depreciation -25,000-20,000
Current Assets   
Stock 70,00030,000
Trade Receivable 85,00045,000
Cash at bank 30,00025,000
Cash in hand 30,00020,000
Total 2,90,00002,00,000
Additional Information Current Year Previous Year   
Proposed Dividend15,00010,000

The solution of Question 47 Chapter 5 of +2-B: – 

Cash Flow Statement 
(A) Cash Flow from Operating Activities  
Closing balance of Profit and Loss1,00,000 
Less: Opening balance of Profit and Loss75,000 
Net profit of the year after appropriation25,000 
Add: Provision for Taxation10,000 
Add: Proposed dividend (previous year)10,000 
Net profit before Taxation and extra-ordinary items50,000 
Adjustment for Non-cash and Non-operating  
Add: deprecation5,000 
Cash operating Profit before Working Capital adj.55,000 
Less: Increase in current Assets:  
Trade Receivable40,000 
Less: Tax Paid10,000 
Cash used in Operating Activities (35,000)
(B) Cash flows from Investing Activities  
Net cash used in investing Activities Nil
(C) Cash flows from Financing Activities  
Inflow of Cash  
Share Capital Issued50,000 
Bank overdraft10,000 
Outflow of Cash  
Dividend paid10,00050,000
Net cash flow from financing activities 50,000
Total Cash flow (A + B + C) 15,000
Opening Balance Cash 30000
Closing Balance Cash 35000


Working Note:-

Cash & Cash equivalent in the beginning  
Cash in hand20,000 
Cash at bank25,00045,000
Less: Bank Overdraft 15,000



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

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



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