Question 1

Question No 01 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Sarbjit Singh · Accepted Answer

Question No 01 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
1. Classify the following into cash flow from at operating activities, investing activities financing activities
(1) Purchase of machinery (2) Payment of income tax (3) Payment of dividend(4) Dividend received(5) Interest paid (6) Rent received(7) Issue of debentures(8) Repayment of long-term loans (9) Payment of interim dividend(10) Redemption of preference shares
The solution of Question No 01 Chapter 8 – UNIMAX Class 12 Part 2 – 2021:

Question 2

Question No 02 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Sarbjit Singh · Accepted Answer

Question No 02 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
2. Calculate cash from operating activities from the following figure:

Particulars
2021
2022

Profit and loss a/c
60,000
65,000

Debtors
87,000
50,000

Bills receivable
62,000
1,03,000

General Reserve
2,02,000
2,37,000

Salary outstanding
30,000
12,000

Wages prepaid
5,000
7,000

Goodwill
80,000
70,000

The solution of Question No 02 Chapter 8 – UNIMAX Class 12 Part 2 – 2021: -
Calculation of cash flow from operating activiti

Question 3

Question No 03 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Sarbjit Singh · Accepted Answer

Question No 03 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
3.calcute cash from operating activities from the following information:

Particulars
2021 (₹)
2022 (₹)

Stock
60,000
50,000

Debtors
25,000
23,000

Creditors
32,000
28,000

Expenses outstanding
3,500
4,500

Bills payable
35,000
22,000

Accrued income
8,000
9,000

Profit and loss account
80,000
90,000

The solution of Question No 03 Chapter 8 – UNIMAX Class 12 Part 2 – 2021: -
CALCULATION of cash flow from operating activities

Question 4

Question No 04 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Sarbjit Singh · Accepted Answer

Question No 04 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
4. The following is the position of current assets and current liabilities of Z Ltd:

Particulars
2021 (₹)
2022 (₹)

Provision for bad debts
1,000
-

Shorts-term loans
10,000
19,000

Creditors
15,000
10,000

Bills receivable
20,000
40,000

The company incurred a loss of 45,000 during the year. Calculate cash from operating activities.
The solution of Question No 04 Chapter 8 – UNIMAX Class 12 Part 2 – 2021: -
Calculation of cash f

Question 5

Question No 05 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Sarbjit Singh · Accepted Answer

Question No 05 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
5.the following is the positing of current assets and liabilities of Ashoka Ltd:

Particulars
2021 (₹)
2022 (₹)

Debtors
20,000
25,000

Creditors
15,000
17,000

Bills payable
18,000
20,000

Stock
16,000
26,000

The company incurred a loss of 18,000 during the year. Calculate cash from operating activities:
The solution of Question No 05 Chapter 8 – UNIMAX Class 12 Part 2 – 2021: -
Calculation of cash flow from operating activities

Question 6

Question No 06 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Sarbjit Singh · Accepted Answer

Question No 06 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
6. from the following information, calculate net profit before Tax and Extra -ordinary Items:

Particulars
31-3-2021 (₹)
31-3-2022 (₹)

Profit and loss account
1,00,000
1,40,000

Provision for tax
20,000
30,000

Additional information: Interim Dividend paid during the year 2021-22 5,000.Proposed Dividend 2021 50,000; 2022 60,000.
The solution of Question No 06 Chapter 8 – UNIMAX Class 12 Part 2 – 2021: -
CASH FLOW STATEMENT

₹

Question 7

Question No 07 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Sarbjit Singh · Accepted Answer

Question No 07 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
7. from the following information, calculate cash flow from operating activities:

Particulars
March 31, 2021
March 31, 2022

Balance of profit and loss a/c
30,000
40,000

Debtors
40,000
32,000

General reserve
15,000
22,000

Salary outstanding
20,000
30,000

Goodwill
40,000
38,000

The solution of Question No 07 Chapter 8 – UNIMAX Class 12 Part 2 – 2021: -
CASH FLOW FROM OPERATING ACTIVITIES

particulars
 Amount

Net profit

Question 8

Question No 08 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Sarbjit Singh · Accepted Answer

Question No 08 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
8. The following is the statement of profit and loss of ruby limited for the year ended march 31,2022:

Particulars
Note no.
Amount

I. Revenue from operating (sales)
 
10,00,000

ii. Expenses

Purchases
 
5,00,000

Changes in inventories (opening inventory – closing inventory

(2,50,000-2,00,000)
 
50,000

Other expenses
 
3,00,000

Total expenses
 
8,50,000

iii. Profit before tax (i-ii)
 
1,50,000

Additional info

Question 9

Question No 09 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Sarbjit Singh · Accepted Answer

Question No 09 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
9. from the following information, calculate cash flow from operating activities:

Particulars
March 31,2021
March 31,2022

Balance of profit and loss a/c
30,000
32,500

Debtors
43,500
20,000

Bills receivable
31,000
51,500

General reserve
1,01,000
1,18,500

Dividend Equalization fund
39,000
50,000

Salary outstanding
15,000
6,000

Wages outstanding
2,500
3,500

Goodwill
40,000
35,000

The solution of Question No 09 Chapter 8

Question 10

Question No 10 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Sarbjit Singh · Accepted Answer

Question No 10 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
 10. X Ltd. made a profit of 1,00,000 after charging depreciation of 20.000 on assets and a transfer to General reserve of 30,000. The goodwill written off was 7,000 and the gain on sale of machinery was 3,000. The other information available to you (changes in the value of current assets and current Liabilities) is as follow: At the end of the year debtors showed an increase of 6,000; creditors an increase of 10,000; prepaid expenses an

Question 11

Question No 11 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Sarbjit Singh · Accepted Answer

Question No 11 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
11.calculate cash from operating activities.
(I) profits made during the year 2,50,000 after considering the following item: (a) depreciation on fixed assets 10,000(b) amortization of goodwill 5,000(c) Transfer to general reserve 7,000(d) profit on sale of land 3,000(ii) The following is the position of current assets and current liabilities:

Particulars
2021 (₹)
2022 (₹)

Debtors
15,000
12,000

Creditors
10,000
15,000

Bills receiv

Question 12

Question No 12 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Sarbjit Singh · Accepted Answer

Question No 12 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
12. Ramesh and Co. indicate a profit of 1,25,000 after considering the following:

(a) depreciation on building
₹ 25,000

(b) depreciation on plant and machinery
₹ 45,000

(c) amortization of goodwill
₹ 20,000

(d) gain on sale of machinery
₹ 10,000

The current assets and current liabilities at the beginning and at the end of the year are:

Particulars
1-4-2021 (₹)
31-3-2022 (₹)

Accounts receivable
35,000
45,000

Stock on han

Question 13

Question No 13 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Sarbjit Singh · Accepted Answer

Question No 13 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
13. valcano Ltd. reported net income of 84,50,000 in 2022 depreciation for the year was 14,95,00 debtors at the year were 87,000 more than that in the beginning of creditors increased by 43,000 over the year and stock decreased by 9,000 over the year compute net cash provided by operating activities.
The solution of Question No 13 Chapter 8 – UNIMAX Class 12 Part 2 – 2021: -
 Calculation of cash flow from operating activities.

₹

Pr

Question 14

Question No 14 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Sarbjit Singh · Accepted Answer

Question No 14 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
14. ganga Yamuna Ltd. reported profit of 12,50,000 for the year ended march 31,2022 after considering the following:

depreciation on building
₹ 35,000

depreciation on plant and machinery
₹ 75,000

Depreciation on furniture 
₹ 18,000

amortization of goodwill
₹ 12,000

gain on sale of machinery
₹ 20,000

The current assets and current liabilities at the beginning and at the end of the year are:

Particulars
31-3-2021

Question 15

Question No 15 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Sarbjit Singh · Accepted Answer

Question No 15 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
15.calculate cash from operating activities from the following information:

Operating profit (after provision for tax 43,000) 80,000
80,000

Depreciation 
19,000

Operating expenses paid 
58,000

Income tax paid 
33,000

Return of tax received 
3,000

Interest on debentures paid 
11,000

The solution of Question No 15 Chapter 8 – UNIMAX Class 12 Part 2 – 2021: -
Calculation of cash flow from operating activities.

₹

Operat

Question 16

Question No 16 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Sarbjit Singh · Accepted Answer

Question No 16 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
16. the following is the profit and loss A/c.
Profit and loss account for the year ended march,31st 2022

Particulars
 (₹)
(₹)

Sales
 
10,00,000

Cost of goods sold:

Opening Stock
2,50,000

Purchase
5,00,000

7,50,000

Less: closing stock
2,00,000
5,50,000

Gross profit
 
4,50,000

Operating expenses
 
3,00,000

Net profit
 
1,50,000

Additional information:1.trade debtors decrease by 30,000 during the year.2.pr

Question 17

Question No 17 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Sarbjit Singh · Accepted Answer

Question No 17 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
 17.calculate “cash flow from operating activities from the following information:
Statement of report and lossfor the year ended 31st march,2022

Particulars
Note no.
 Amount ₹

I. revenue from operating
 
12,00,000

ii. other income
1
18,000

iii. total revenue
 
12,18,000

iv. expenses:

Cost of materials consumed
 
7,75,000

Employee benefit expenses
 
1,50,000

finance costs
 
45,000

depreciation and amortization expen

Question 18

Question No 18 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Sarbjit Singh · Accepted Answer

Question No 18 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
18.calculate cash from operating activities from the following information:
Statement of profit and loss For the year ended 31st march,2022

Particulars
Note no.
 Amount ₹

I. Revenue from operating
 
16,70,000

ii. expenses:

Cost of materials consumed
 
13,30,000

Employee benefit expenses
 
90,000

Depreciation and amortization expenses
1
42,000

Other expenses
2
63,000

Total expenses
 
15,25,000

iii. profit before tax

Question 19

Question No 19 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Sarbjit Singh · Accepted Answer

Question No 19 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
19.from the following information, calculate the net cash flow from operating activities:
Balance sheets as at….

Particulars
31.3.2022 ₹
31.3.2021 ₹

I. Equity and liabilities

(1) Shareholders’ funds

(a) Share capital (note1)
35,000
30,000

(B) Reserves and surplus (note2)
22,000
3,500

(2) Non-current liabilities (10%debentures)
25,000
21,000

(3) Current liabilities (trade payable)
12,500
8,500

Total 
94,500
63,000

Question 20

Question No 20 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Sarbjit Singh · Accepted Answer

Question No 20 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
20.the balance in equipment account and accumulated depreciation account as on march 31,2021 and 2022 are given below:

Balance as at  
March 31,2021
March 31,2022

Equipment
65,00,000
78,70,000

Accumulated depreciation
10,80,000
16,32,000

The equipment costing 12,30,000 accumulated depreciations thereon 7,18,000 was sold for 4,68,000.Required: (i) Compute the amount of equipment purchased, depreciation charged for the year and lo

Unimax Accountancy Class 12 Part 2 - 2023 Solutions Chapter 8 Cash Flow Statement - Unimax

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Topics & Questions Solved:

Question No 01 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

The solution of Question No 01 Chapter 8 – UNIMAX Class 12 Part 2 – 2021: -

Question No 02 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 03 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 04 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 05 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 06 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 07 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 08 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 09 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 10 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 11 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 12 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 13 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 14 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 15 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 16 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 17 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 18 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 19 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 20 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 21 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 22 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 23 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 24 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 25 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 26 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 27 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 28 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 29 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 30 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 31 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 32 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 33 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 34 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 35 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 36 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 37 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 38 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 39 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 40 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 41 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 42 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 43 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 44 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 45 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 46 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 48 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 49 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 50 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 51 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 52 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 53 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 54 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 55 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 56 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 57 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 58 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 59 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 60 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

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