Question 51 Chapter 5 of +2-B
51. (CFS Showing Operating, Investing & Financing Activities) Following is the balance sheet of Thermal Power Ltd.
| Particulars | Note No. | 31st March,2018 | 31st March,2018 |
| I. Equity and Liabilities | |||
| Shareholders Fund : | |||
| (a) Share Capital | 12,00,000 | 11,00,000 | |
| (b) Reserves and Surplus | 1 | 3,00,000 | 2,00,000 |
| 2. Non-current Liabilities | |||
| Long-term Borrowings | 2,40,000 | 1,70,000 | |
| 3. Current Liabilities | |||
| (a) Trade Payables | 1,79,000 | 2,04,000 | |
| (b) Short-term Provisions | 50,000 | 77,000 | |
| Total | 19,69,000 | 17,51,000 | |
| II. Assets | |||
| 1. Non-Current Assets : | |||
| (i) Fixed Assets | |||
| (a) Tangible | 2 | 10,70,000 | 8,50,000 |
| (b) Intangible | 3 | 40,000 | 1,12,000 |
| 2. Current Assets | |||
| (a) Current Investments | 2,40,000 | 1,50,000 | |
| (b) Inventories | 1,29,000 | 1,21,000 | |
| (c) Trade Receivables | 1,70,000 | 1,43,000 | |
| (d) Cash and Cash Equivalents | 3,20,000 | 3,75,000 | |
| Total | 19,69,000 | 17,51,000 |
Notes to Accounts
| Particulars | 2017-18 ₹ | 2016-17 ₹ |
| 1. Reserves and Surplus | ||
| Surplus (Balance in Statement of Profit and Loss) | 3,00,000 | 2,00,000 |
| 2. Tangible Assets | ||
| Machinery | 12,70,000 | 10,00,000 |
| (-) Accumulated Depreciation | (2,00,000) | (1,50,000) |
| 10,70,000 | 8,50,000 | |
| 3. Intangible Assets | ||
| Goodwill | 40,000 | 1,12,000 |
Additional Information
During the year a piece of machinery, costing ₹ 24,000 on which accumulated depreciation was ₹ 16,000 was sold for ₹ 6,000
Prepare cash flow statement.
The solution of Question 51 Chapter 5 of +2-B: –
| Cash Flow Statement |
||
| Particulars |
Rs |
|
| (A) Cash Flow from Operating Activities | ||
| Net Profit before tax | 1,00,000 | |
| Adjustments of Non cash or Non-Operating Items : | ||
| Add: Goodwill written off | 72,000 | |
| Depreciation on Machinery | 66,000 | |
| Loss on sale of Machinery | 2,000 | 2,40,000 |
| Cash operating Profit before Working Capital adj. | 2,40,000 | |
| Less: Increase in current Assets: | ||
| Inventories | 8,000 | |
| Trade Receivable | 27,000 | |
| Less: Decrease in current Liabilities: | ||
| Trade Payable | 25,000 | |
| Short Term Provisions | 27,000 | 87,000 |
| Cash flow from Operating Activities | 1,53,000 |
|
| (B) Cash flows from Investing Activities | ||
| Outflow of Cash | ||
| Sale of Machinery | 6,000 | |
| Outflow of Cash | ||
| Purchase of Machinery | 2,94,000 | 2,88,000 |
| Net cash flow from investing Activities | 2,88,000 |
|
| (C) Cash flows from Financing Activities | ||
| Inflow of Cash | ||
| Share Capital Issued | 1,00,000 | |
| Borrowing Raised | 70,000 | 1,70,000 |
| Net cash flow from financing activities | 1,70,000 |
|
| Net decrease in cash & Cash equivalents (A + B + C) | 35,000 | |
| Add: Cash equivalent in the beginning of year | 3,75,000 | |
| Current Investments | 1,50,000 | 5,25,000 |
| Cash equivalent at the end of year | 5,60,000 | |
Working Note
| Plant and Machinery Account |
|||
| Particulars |
Amount ₹ |
Particulars |
Amount ₹ |
| To Balance b/d | 10,00,000 | By Depreciation |
50,000 |
| By Bank A/c – Sale | 6,000 | ||
| By Profit & Loss A/c – Loss on sale | 2,000 | ||
| To Bank –Purchase (Bal. fig.) | 2,94,000 | By Balance c/d | 12,70,000 |
| 12,94,000 | 12,94,000 | ||
| Accumulated Depreciation Account |
|||
| Particulars |
Amount ₹ |
Particulars |
Amount ₹ |
| To Machinery A/c | 16,000 | By Depreciation |
1,50,000 |
| To Balance c/d | 2,00,000 | By Profit & Loss A/c – (Bal. fig.) | 66,000 |
| 2,16,000 | 2,16,000 | ||
End of Solution
Check Out the Solution of all questions of this chapter:
The solution to all questions of Chapter No. 15 – Cash Flow Statement Class 12 Usha Publication – 2024 is shown as follows, click on the image of the question to get the solution.
Question 03 Chapter 5 of +2-B – USHA Publication 12 Class
Advertisement-X
Advertisement-Y
Question 18 Chapter 5 of +2-B – USHA Publication 12 Class
Advertisement-X
Question 27 Chapter 5 of +2-B – USHA Publication 12 Class
Advertisement-X
Advertisement-Y
Question 37 Chapter 5 of +2-B – USHA Publication 12 Class
Advertisement-X
Advertisement-Y
Question 48 Chapter 5 of +2-B – USHA Publication 12 Class
Advertisement-X
Question 58 Chapter 5 of +2-B – USHA Publication 12 Class
Advertisement-X
Advertisement-Y
Thanks for completing the chapter. If you understand the question or we have helped you with your homework, please share our website on your social media. We are delighted to help you out.
Thanks again.
End of Post
Download a PDF of Chapter No. 15 – Cash Flow Statement:
If you want to download a PDF of this chapter then you can do it. Check out our PDF file on our Store page.
Advertisement-X
Chapter-Wise Solution of Usha Publication Accountancy – Part 2 Class 12 – Session 2024-25 as per the PSEB curriculum
Check out Solutions to all questions of the every chapter shown as under. The Solution of Accountancy – Part 2 Class 12 – Session 2024-25 is provided as per the new book published by Usha Publication.
Chapter No. 8 – Company Accounts (Share Capital)
Chapter No. 9 – Company Accounts (Issue of Debentures)
Chapter No. 10 – Company Accounts (Redemption of Debentures)
Chapter No. 11 – Financial Statements of a Company
Chapter No. 12 – Financial Statement Analysis
Chapter No. 13 – Tools of Financial Statement Analysis- Comparative and Common Size
Chapter No. 14 – Accounting Ratios
Chapter No. 15 – Cash Flow Statement
Advertisement-X
Also, Check out our Comprehensive Chapter-wise solution of Advanced Accountancy Part 2 Class 12 by Unimax Publication
- Chapter No. 1 – Company Accounts (Share Capital)
- Chapter No. 2 – Issue of Debentures
- Chapter No. 3 – Redemption of Debentures
- Chapter No. 4 – Financial Statements of a Company (Balance Sheet Only)
- Chapter No. 5 -Financial Statement Analysis
- Chapter No. 6 – Tools/Methods of Financial Analysis
- Chapter No. 7 – Ratio Analysis
- Chapter No. 8 – Cash Flow Statement
Check out Part 1 of both books.
In Class 12th the accountancy has 2 books i.e. Part 1 and Part 2. The Books related to the Part 1 are shown above. but If you want to know more about Part 1, you can check it out from the following links. We have provided the links to both books i.e. Accountancy Part 1 by Usha Publication and Advanced Accountancy Part 2 by Unimax Publication.
1. Accountancy – Part 1 Class 12 – Session 2024-25 By Usha Publication
2. Advanced Accountancy Part 1 Class 12 by Unimax Publication