Question 52 Chapter 5 of +2-B
52. (CFS Showing Operating, Investing & Financing Activities) Balance sheet of XY Ltd. prepare a rash flow statement.
| Particulars | Note No. | 31st March 2017 | 31st March 2018 |
| I. Equity and Liabilities | |||
| Shareholders Fund : | |||
| (a) Share Capital | 1 | 4,60,000 | 8,50,000 |
| (b) Reserves and Surplus | 2 | 2,40,000 | 1,70,000 |
| 2. Non-current Liabilities | |||
| Long-term Borrowings | 2,00,000 | 1,80,000 | |
| Total | 9,00,000 | 12,00,000 | |
| II. Assets | |||
| 1. Non-Current Assets : | |||
| Fixed Assets | 5,00,000 | 7,00,000 | |
| 2. Current Assets | |||
| Inventories | 2,10,000 | 2,50,000 | |
| Trade Receivables | 1,40,000 | 1,90,000 | |
| Cash and Cash Equivalents | 50,000 | 60,000 | |
| Total | 9,00,000 | 12,00,000 |
Notes to Accounts
| Particulars | 2017-18 ₹ | 2016-17 ₹ |
| 1. Share Capital | ||
| Equity Share Capital | 4,00,000 | 7,50,000 |
| Preference Share Capital | 60,000 | 1,00,000 |
| 4,60,000 | 8,50,000 | |
| 2. Reserves and Surplus | ||
| Surplus, i.e. Balance in Statement of Profit and Loss | 1,70,000 | 1,20,000 |
| General Reserve | 70,000 | 50,000 |
| 2,40,000 | 1,70,000 |
Additional Information (i) During the year, machine costing ₹ 80,000 was sold for ₹ 50,000. (ii) Dividend paid ₹ 80,000
The solution of Question 52 Chapter 5 of +2-B: –
| Cash Flow Statement |
||
| Particulars |
Rs |
|
| (A) Cash Flow from Operating Activities | ||
| Net Profit before Tax and Extraordinary Items* | 10,000 | |
| Adjustments of Non-cash or Non-Operating Items : | ||
| Add: Interest on Debentures (10% of ₹ 2,00,000) | 20,000 | |
| Loss on Sale of Machinery | 30,000 | 50,000 |
| Cash operating Profit before Working Capital adj. | 60,000 | |
| Less: Increase in current Assets: | ||
| Inventories | 40,000 | |
| Trade Receivable | 50,000 | 90,000 |
| Cash used in Operating Activities | 30,000 |
|
| (B) Cash flows from Investing Activities | ||
| Outflow of Cash | ||
| Sale of Fixed Assets | 50,000 | |
| Outflow of Cash | ||
| Purchase of Machinery | 2,80,000 | 2,30,000 |
| Net cash used in investing Activities | 2,30,000 |
|
| (C) Cash flows from Financing Activities | ||
| Inflow of Cash | ||
| Issue of Equity Shares | 3,50,000 | |
| Issue of Preference Shares | 40,000 | 3,90,000 |
| Outflow of Cash | ||
| Redemption of Debentures | 20,000 | |
| Dividend Paid | 80,000 | |
| Interest Paid on Debentures | 20,000 | 2,70,000 |
| Net cash flow from financing activities | 2,70,000 |
|
| Net decrease in cash & Cash equivalents (A + B + C) | 10,000 | |
| Add: Cash equivalent at the beginning of the year | 50,000 | |
| Cash equivalent at the end of year | 60,000 | |
Working Note
| Fixed Assets Account |
|||
| Particulars |
Amount ₹ |
Particulars |
Amount ₹ |
| To Balance b/d | 5,00,000 | By Depreciation |
50,000 |
| By Profit & Loss A/c – Loss on sale | 30,000 | ||
| To Bank –Purchase (Bal. fig.) | 2,80,000 | By Balance c/d | 7,00,000 |
| 7,80,000 | 7,80,000 | ||
| Net Profit before Tax and Extraordinary Items |
|
| Particulars |
Amount ₹ |
| Net Profit of the Current Year | 50,000 |
| Add: Transfer back from Reserves | 20,000 |
| 70,000 | |
| Dividend Paid | 80,000 |
| 10,000 | |
End of Solution
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Question 03 Chapter 5 of +2-B – USHA Publication 12 Class
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Question 18 Chapter 5 of +2-B – USHA Publication 12 Class
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Question 27 Chapter 5 of +2-B – USHA Publication 12 Class
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Question 48 Chapter 5 of +2-B – USHA Publication 12 Class
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Question 58 Chapter 5 of +2-B – USHA Publication 12 Class
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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
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- 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
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1. Accountancy – Part 1 Class 12 – Session 2024-25 By Usha Publication
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