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Question 57 Chapter 5 of +2-B
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57. (CFS Showing Operating, Investing & Financing Activities) From the following information prepare cash flow statement.
| Particulars | Note No. | 31st March,2018 | 31st March,2017 |
| I. Equity and Liabilities | |||
| Shareholders Fund : | |||
| Share Capital | 2,00,000 | 2,00,000 | |
| Reserves and Surplus | |||
| Balance in Statement of Profit and Loss | 90,000 | 50,000 | |
| Non-Current Liabilities | |||
| Bank Loan | – | 10,000 | |
| Current Liabilities | |||
| Trade Payable | 24,000 | 15,000 | |
| Outstanding Expenses | 1,000 | 5,000 | |
| Provisions | |||
| Provisions Provision for Taxation | 25,000 | 20,000 | |
| Total | 3,40,000 | 3,00,000 | |
| II. Assets | |||
| Non-Current Assets : | |||
| Current Assets : | 2,00,000 | 2,00,000 | |
| Inventories | |||
| Trade Receivable | 90,000 | 50,000 | |
| Cash and Cash Equivalents – Cash | |||
| Bank | – | 10,000 | |
| Total | 3,40,000 | 3,00,000 |
Net profit for the year 2017-18 after providing ₹ 20,000 as depreciation was ₹ 60,000. During 2017-18, Company declared an equity dividend of @10% and paid ₹ 15,000 as income tax.
The solution of Question 57 Chapter 5 of +2-B: –
| Cash Flow Statement for the year ended 31st March 2018 | ||
| Particulars | Rs | |
| (A) Cash Flow from Operating Activities | ||
| Net Profit before Tax and Extraordinary Items* | 40,000 | |
| Adjustment of non-Cash & Non-Operating Items | ||
| Add: Depreciation Charged | 20,000 | |
| Provision for Taxation | 20,000 | 40,000 |
| Cash operating Profit before Working Capital adj. | 80,000 | |
| Add: Increase in Current Liabilities: | ||
| Trade Payable | 9,000 | |
| Add: Decrease in current Assets: | ||
| Inventories | 10,000 | 19,000 |
| Less: Decrease in current Liabilities: | 99,000 | |
| Outstanding Expenses | 4,000 | |
| Less: Increase in current Assets: | ||
| Trade Receivables | 10,000 | 14,000 |
| 85,000 | ||
| Less: Tax Paid | 15,000 | |
| Cash flow from Operating Activities | 70,00 | |
| (B) Cash flows from Investing Activities | ||
| Inflow of Cash | ||
| Purchase of Non-current Assets* | 60,000 | |
| Net cash used in investing Activities | 60,000 | |
| (C) Cash flows from Financing Activities | ||
| Outflow of Cash | ||
| Repayment of Bank Loan | 10,000 | |
| Net cash flow from financing activities | 10,000 | |
| Net Increase in Cash & Cash Equivalents (A + B + C) | Nil | |
| Add: Cash & Cash equivalents in the beginning | 30,000 | |
| Cash & Cash equivalents at the end | 30,000 | |
End of Solution
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Question 07 Chapter 5 of +2-B – USHA Publication 12 Class
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Question 12 Chapter 5 of +2-B – USHA Publication 12 Class
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Question 47 Chapter 5 of +2-B – USHA Publication 12 Class
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Question 53 Chapter 5 of +2-B – USHA Publication 12 Class
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Question 59 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)
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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
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Chapter No. 15 – Cash Flow Statement
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
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1. Accountancy – Part 1 Class 12 – Session 2024-25 By Usha Publication
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