Question 47 Chapter 5 of +2-B
Table of Contents
47. (CFS Showing Operating, Investing & Financing Activities/Proposed Dividend) From the following particular prepare cash flow statement.
Particulars | Note No. | 31st March,2018 | 31st March, 2017 |
I. Equity and Liabilities | |||
Shareholders Fund : | |||
Equity Share Capital | 1,50,000 | 1,00,000 | |
Reserves and surplus | |||
Balance in Statement of Profit and Loss | 1,00,000 | 75,000 | |
Current Liabilities | |||
Short-Term Borrowings : | |||
Bank overdraft | 25,000 | 15,000 | |
Provision | |||
Provision for Taxation | 15,000 | 10,000 | |
Total | 2,90,000 | 2,00,000 | |
Assets | |||
Non-current Assets | |||
Tangible Assets | |||
Fixed assets | 1,00,000 | 1,00,000 | |
Less: accumulated depreciation | -25,000 | -20,000 | |
Current Assets | |||
Stock | 70,000 | 30,000 | |
Trade Receivable | 85,000 | 45,000 | |
Cash at bank | 30,000 | 25,000 | |
Cash in hand | 30,000 | 20,000 | |
Total | 2,90,0000 | 2,00,000 |
Additional Information | Current Year | Previous Year |
Proposed Dividend | 15,000 | 10,000 |
The solution of Question 47 Chapter 5 of +2-B: –
Cash Flow Statement |
||
Particulars |
Rs |
|
(A) Cash Flow from Operating Activities | ||
Closing balance of Profit and Loss | 1,00,000 | |
Less: Opening balance of Profit and Loss | 75,000 | |
Net profit of the year after appropriation | 25,000 | |
Add: Provision for Taxation | 10,000 | |
Add: Proposed dividend (previous year) | 10,000 | |
Net profit before Taxation and extra-ordinary items | 50,000 | |
Adjustment for Non-cash and Non-operating | ||
Add: deprecation | 5,000 | |
Cash operating Profit before Working Capital adj. | 55,000 | |
Less: Increase in current Assets: | ||
Trade Receivable | 40,000 | |
Stock | 40,000 | |
Less: Tax Paid | 10,000 | |
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 Issued | 50,000 | |
Bank overdraft | 10,000 | |
Outflow of Cash | ||
Dividend paid | 10,000 | 50,000 |
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 hand | 20,000 | |
Cash at bank | 25,000 | 45,000 |
Less: Bank Overdraft | 15,000 | |
30,000 |
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

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