Question 1

Question 01 Chapter 5 of +2-B  - USHA Publication 12 Class

Sarbjit Singh · Accepted Answer

Question 01 Chapter 5 of +2-B
Identification Of Activities
1. (Classification of Activities) Classify the following activities as (1) Operating activities (2) Investing activities (3) Financing activities

(a) Cash Sales
(b) Cash purchases

(c) Income Tax Paid
(d) Shares issued for cash

(e) Interest paid on debentures
(f) Advertisement expenses paid

(g) Patents purchased 
(h) Payment to the supplier of goods

(i) Selling and distribution expenses
(j) Commission received

(k) Discount

Question 2

Question 02 Chapter 5 of +2-B  - USHA Publication 12 Class

Sarbjit Singh · Accepted Answer

Question 02 Chapter 5 of +2-B
Identification Of Activities
2. (Classification of Activities) Classify the following activities as :(a) Operating activities (b) Investing activities (c) Financing activities (i) Cash Sales (ii) Cash purchases (iii) Dividend paid (iv) Repayment of borrowing (v) Issue of shares for cash (vi) Redemption of Debentures (vii) Dividend received (viii) Rent paid (ix) trading commission received, (x) Preference shares redeemed.
The solution of Question 02 Chapter 5 of +2-

Question 3

Question 03 Chapter 5 of +2-B  - USHA Publication 12 Class

Sarbjit Singh · Accepted Answer

Question 03 Chapter 5 of +2-B
3. (Identification of Inflow & Outflow of Transactions) State which of the following would result in inflow/outflow/no effect on cash in each of the following cases. (a) Cash deposited into bank(b) Dividend declared by the company (c) Dividend received by the finance company(d) Interest on Long term debts paid(e) Payment of cash to creditors(f) Bonus shares (fully paid up) issued(g) Machinery purchased, payment made partly in cash and partly by issue of shares(

Question 4

Question 05 Chapter 5 of +2-B  - USHA Publication 12 Class

Sarbjit Singh · Accepted Answer

Question 05 Chapter 5 of +2-B
Cash Flow From Operating Activities5. From the information, supplied by Rajan Gupta calculate cash flow from operating activities:

₹

Cash Sales
1,00,000

Cash received from debtors 
30,000

Commission received
10,000

Cash purchases
25,000

Cash paid to the supplier of goods
19,000

Office expenses paid
5,000

Selling & Distribution Expenses 
3,000

Insurance Premium paid
2,000

Income tax paid
12,000

The solution of Question 05 Chapter 5 of +

Question 5

Question 06 Chapter 5 of +2-B  - USHA Publication 12 Class

Sarbjit Singh · Accepted Answer

Question 06 Chapter 5 of +2-B
Cash Flow From Operating Activities
6. Profit and Loss Statement (Consolidated)

Particulars 
Note No. 
₹

I
Revenue from operations

Sales 
 
1,16,000

II
Other Incomes 
 
-

III
Total Revenue
 
1,16,000

IV
Expenses

Materials consumed

Purchase of materials
 
70,000

Changes in inventories (18,000-22,000)
 
-4,000

Total Expenses
 
66,000

V
Profit (III-IV) 
 
50,000

The solution of Question 06 Chapter 5 of +2-B: - 
Cash F

Question 6

Question 07 Chapter 5 of +2-B  - USHA Publication 12 Class

Sarbjit Singh · Accepted Answer

Question 07 Chapter 5 of +2-B
Cash Flow From Operating Activities
7. Compute Cash Flow from Operating Activities from the following Profit and Loss Account:

Particulars
 ₹
Particulars
₹

Salary 
15,000
Gross Profit
45,000

Rent 
10,000
Profit on sale of Land
4,000

Depreciation 
2,000
Income Tax Refund
4,000

Loss on Sale of Plant 
1,000

Goodwill wrote off
4,000

Proposed Dividend 
5,000

Provision for Taxation
5,000

Net Profit 
11,000

53,000
 
53,000

The

Question 7

Question 08 Chapter 5 of +2-B  - USHA Publication 12 Class

Sarbjit Singh · Accepted Answer

Question 08 Chapter 5 of +2-B
Cash Flow From Operating Activities
8. Calculate cash from operating activities from the following details :

Particulars
Note No.
₹

I
Revenue from operations

Sales 
 
2,76,000

II
Other Incomes

Commission 
 
2,000

Profit on sale of building (1,24,000-1,00,000) 
 
24,000

III
Total Revenue
 
3,02,000

IV
Expenses

Employees Benefit expenses
 
50,000

Wages (Including outstanding ₹ 10,000)
 
24,000

Salaries (Including outs

Question 8

Question 09 Chapter 5 of +2-B  - USHA Publication 12 Class

Sarbjit Singh · Accepted Answer

Question 09 Chapter 5 of +2-B
Cash Flow From Operating Activities
 9. Calculate net cash flows from operating activities from the following information :

Particulars
31-3-2015 (₹)
31-3-2016 (₹)

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 & Loss Account 
80,000
90,000

The solution of Question 09 Chapter 5 of +2-B: -
Cash Flow from Operating Activitie

Question 9

Question 10 Chapter 5 of +2-B  - USHA Publication 12 Class

Sarbjit Singh · Accepted Answer

Question 10 Chapter 5 of +2-B
Cash Flow From Operating Activities
10. Calculate net cash flows from operating activities from the following information

Particulars
31-3-2015 (₹)
31-3-2016 (₹)

Debtors  
42,000
46,000

Prepaid Expenses  
2,000
2,700

Accrued Income 
1,500
1,200

Income received in advance
800
1,000

Creditors 
26,000
28,000

Bills Payable
13,000
11,000

Outstanding Expenses 
8,000
6,000

Profit made during 2011 amounted to 1,00,000 after taking into account the foll

Question 10

Question 11 Chapter 5 of +2-B  - USHA Publication 12 Class

Sarbjit Singh · Accepted Answer

Question 11 Chapter 5 of +2-B
Cash Flow From Operating Activities
11. From the following Profit and Loss statement, calculate cash from operating activities :

Particulars
Note No.
₹

I
Revenue from operations

Sales 
 
1,20,000

II
Other Incomes

Discount Received
 
6,000

Rent Accrued
 
60,000

III
Total Revenue
 
1,86,000

IV
Expenses :

Cost of Materials consumed
 
50,000

Employees Benefit Expenses
 
24,000

Salaries 
 
75,000

Wages 
 
15,000

Question 11

Question 16 Chapter 5 of +2-B  - USHA Publication 12 Class

Sarbjit Singh · Accepted Answer

Question 16 Chapter 5 of +2-B
Cash Flow From Operating Activities
16. The following is the position of current assets and current liabilities of X limited.

Opening ₹
closing ₹

Provision for doubtful debts
1,000
-

Short term loans
10,000
19,000

Creditors
15,000
10,000

Bills Receivable
20,000
40,000

The solution of Question 16 Chapter 5 of +2-B: - 
https://youtu.be/cTWZEHst7sU?si=pjyApPSkfGt1UWtP
Cash Flow from Operating Activities

Particulars
Rs

Loss as per Profit and Loss A

Question 12

Question 12 Chapter 5 of +2-B  - USHA Publication 12 Class

Sarbjit Singh · Accepted Answer

Question 12 Chapter 5 of +2-B
Cash Flow From Operating Activities
12. From the following information, calculate Cash Flow from Operating Activities :
SUMMARY CASH ACCOUNT

FOR THE YEAR ENDED 31.3.2016

Receipts 
 ₹
Payments 
₹

To Balance b/d 
1,00,000
By Cash Purchases
20,000

To Cash Sales  
40,000
By Payments to suppliers
1,27,000

To Collection from Customers 
50,000
By Office & Selling expenses
50,000

To Trading Commission
1,00,000
By Tax 
30,000

To Sale of Investments
10,0

Question 13

Question 18 Chapter 5 of +2-B  - USHA Publication 12 Class

Sarbjit Singh · Accepted Answer

Question 18 Chapter 5 of +2-B
Cash Flow From Operating Activities
18. calculate Cash Flow From Operating Activities.
Statement of Profit and loss for the year

Particulars
₹

Revenue from operation
1,12,000

Other incomes (Profit on sale of Investment)

Total Revenue
1,12,000

Expenses:

Purchase of Stock in Trade
82,000

Change in inventories of finished goods
2,000

Total Expenses
80,000

Profit before Exceptional and Extraordinary item
32000

Additional information :

Ope

Question 14

Question 17 Chapter 5 of +2-B  - USHA Publication 12 Class

Sarbjit Singh · Accepted Answer

Question 17 Chapter 5 of +2-B
Indirect Method
17. (Cash Flow from Operating Activities) From the following information calculate cash from operating activities by indirect method.
STATEMENT OF PROFIT AND LOSS FOR THE YEAR ENDED

Particular
 
₹

I
Revenue from Operations
 
50,000

II
Other Incomes (Profit on Sale of Investments) 
 
10,000

III
 Total Revenue
 
60,000

IV
Expenses:

Depreciation and Amortization Expenses
 
-15,000

Other Expenses:

Salaries 
10,500

Question 15

Question 19 Chapter 5 of +2-B  - USHA Publication 12 Class

Sarbjit Singh · Accepted Answer

Question 19 Chapter 5 of +2-B
Cash Flow From Operating Activities
19. (Cash flow from operating activities) From the following information you are required to calculate cash from operating activities

Sales
 
10,00,000

Cost of goods sold

Opening Stock
2,50,000

Purchases
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 :
(i) Trade Receivable decreased by 30,00

Question 16

Question 20 Chapter 5 of +2-B  - USHA Publication 12 Class

Sarbjit Singh · Accepted Answer

Question 20 Chapter 5 of +2-B
Indirect Method
20. (Cash from Operating Activities) From the following Balance Sheet calculate Cash from Operating activities
BALANCE SHEET

Particular
Figures for the current reporting period 
Figures for the previous reporting period

I. Equity and Liabilities

Shareholders Funds :

Share Capital 
57,000
52,000

Reserves and Surplus :

Surplus i.e. balance in Statement of Profit and Loss
14,700
8,700

Non-Current Liabilities

Mortgag

Question 17

Question 21 Chapter 5 of +2-B  - USHA Publication 12 Class

Sarbjit Singh · Accepted Answer

Question 21 Chapter 5 of +2-B
Indirect Method
21. (Cash Flow from Operating Activities/Proposed dividend for Previous Year) From the following statement calculate cash generated from operating activities :
STATEMENT OF PROFIT AND LOSS FOR THE YEAR ENDING 31ST MARCH, 2018

Particular
₹
₹

Revenue earned-Gross Profit 
 
85,000

Add: Other Incomes

Profit on sale of machinery 
5,000

Dividend received 
3,000

Commission accrued 
4,000

Income tax refund 
6,000
18,000

Total Inc

Question 18

Question 22 Chapter 5 of +2-B  - USHA Publication 12 Class

Sarbjit Singh · Accepted Answer

Question 22 Chapter 5 of +2-B
Indirect Method
22. (Cash Flow from Operating Activities/Proposed dividend for Current Year) From the particulars calculate net cash from operations :

₹

Operating profit after Income Tax provision 1,53,000 
6,28,000

Insurance Claim received 
1,00,000

Proposed dividend for current year 
72,000

Depreciation 
1,40,000

Loss on sale of machinery 
30,000

Profit on sale of investments 
20,000

Dividend received on investments 
6,000

Decrease in current

Question 19

Question 23 Chapter 5 of +2-B  - USHA Publication 12 Class

Sarbjit Singh · Accepted Answer

Question 23 Chapter 5 of +2-B
Indirect Method
23. (Cash Flow from Operating Activities/Acc. Dep. on Plant Sold) Calculate cash fib from operating activities from the following :

Opening ₹
Closing ₹

Surplus i.e. balance in Statement of Profit and Loss 
30,000
35,000

General Reserve 
10,000
15,000

Provision for depreciation on Plant 
30,000
35,000

Outstanding expenses 
5,000
3,000

Goodwill 
20,000
10,000

Trade Receivable 
40,000
35,000

An item of a plant costing ₹ 20,000 havin

Question 20

Question 24 Chapter 5 of +2-B  - USHA Publication 12 Class

Sarbjit Singh · Accepted Answer

Question 24 Chapter 5 of +2-B
Indirect Method
24. From the following details, calculate cash flow from operating activities :

₹

Gross Profit 
1,00,000

Salaries 
15,000

Depreciation 
10,000

Discount Received 
5,000

Office Expenses 
5,000

Sundry Expenses 
5,000

The solution of Question 24 Chapter 5 of +2-B: - 
https://youtu.be/L9WeFea3NBY?si=wBTuwBYHs89Y-mD7
Cash Flow from Operating Activities

Particulars
Rs

Net Profit*
 
70,000

Add Non-Operating and Non-Cash Items :

(a) Cash Sales	(b) Cash purchases
(c) Income Tax Paid	(d) Shares issued for cash
(e) Interest paid on debentures	(f) Advertisement expenses paid
(g) Patents purchased	(h) Payment to the supplier of goods
(i) Selling and distribution expenses	(j) Commission received
(k) Discount allowed to Debtors	(l) Dividend received on Investments
(m) Plant purchased	(n) Expenses incurred on production

Items	Heads of Cash Flow Statement
(a) Cash Sales	Operating Activities
(b) Cash purchases	Operating Activities
(c) Income Tax Paid	Operating Activities
(d) Shares issued for cash	Financing Activities
(e) Interest paid on debentures	Financing Activities
(f) Advertisement expenses paid	Operating Activities
(g) Patents purchased	Investing Activities
(h) Payment to supplier of goods	Operating Activities
(i) Selling and distribution expenses	Operating Activities
(j) Commission received	Operating Activities
(k) Discount allowed to Debtors	Operating Activities
(l) Dividend received on Investments	Investing Activities
(m) Plant purchased	Investing Activities
(n) Expenses incurred on production	Operating Activities

USHA Publication Class 12 Part 2 2023 Solutions Chapter No. 5 – Cash Flow Statement, USHA Publication Part 2 2023

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Table of Contents

Question 01 Chapter 5 of +2-B - USHA Publication 12 Class

The solution of Question 01 Chapter 5 of +2-B: -

Question 02 Chapter 5 of +2-B - USHA Publication 12 Class

Question 03 Chapter 5 of +2-B - USHA Publication 12 Class

Question 05 Chapter 5 of +2-B - USHA Publication 12 Class

Question 06 Chapter 5 of +2-B - USHA Publication 12 Class

Question 07 Chapter 5 of +2-B - USHA Publication 12 Class

Question 08 Chapter 5 of +2-B - USHA Publication 12 Class

Question 09 Chapter 5 of +2-B - USHA Publication 12 Class

Question 10 Chapter 5 of +2-B - USHA Publication 12 Class

Question 11 Chapter 5 of +2-B - USHA Publication 12 Class

Question 16 Chapter 5 of +2-B - USHA Publication 12 Class

Question 12 Chapter 5 of +2-B - USHA Publication 12 Class

Question 18 Chapter 5 of +2-B - USHA Publication 12 Class

Question 17 Chapter 5 of +2-B - USHA Publication 12 Class

Question 19 Chapter 5 of +2-B - USHA Publication 12 Class

Question 20 Chapter 5 of +2-B - USHA Publication 12 Class

Question 21 Chapter 5 of +2-B - USHA Publication 12 Class

Question 22 Chapter 5 of +2-B - USHA Publication 12 Class

Question 23 Chapter 5 of +2-B - USHA Publication 12 Class

Question 24 Chapter 5 of +2-B - USHA Publication 12 Class

Question 25 Chapter 5 of +2-B - USHA Publication 12 Class

Question 26 Chapter 5 of +2-B - USHA Publication 12 Class

Question 27 Chapter 5 of +2-B - USHA Publication 12 Class

Question 28 Chapter 5 of +2-B - USHA Publication 12 Class

Question 29 Chapter 5 of +2-B - USHA Publication 12 Class

Question 30 Chapter 5 of +2-B - USHA Publication 12 Class

Question 31 Chapter 5 of +2-B - USHA Publication 12 Class

Question 32 Chapter 5 of +2-B - USHA Publication 12 Class

Question 33 Chapter 5 of +2-B - USHA Publication 12 Class

Question 34 Chapter 5 of +2-B - USHA Publication 12 Class

Question 35 Chapter 5 of +2-B - USHA Publication 12 Class

Question 36 Chapter 5 of +2-B - USHA Publication 12 Class

Question 37 Chapter 5 of +2-B - USHA Publication 12 Class

Question 39 Chapter 5 of +2-B - USHA Publication 12 Class

Question 40 Chapter 5 of +2-B - USHA Publication 12 Class

Question 41 Chapter 5 of +2-B - USHA Publication 12 Class

Question 42 Chapter 5 of +2-B - USHA Publication 12 Class

Question 43 Chapter 5 of +2-B - USHA Publication 12 Class

Question 44 Chapter 5 of +2-B - USHA Publication 12 Class

Question 45 Chapter 5 of +2-B - USHA Publication 12 Class

Question 46 Chapter 5 of +2-B - USHA Publication 12 Class

Question 47 Chapter 5 of +2-B - USHA Publication 12 Class

Question 48 Chapter 5 of +2-B - USHA Publication 12 Class

Question 49 Chapter 5 of +2-B - USHA Publication 12 Class

Question 50 Chapter 5 of +2-B - USHA Publication 12 Class

Question 51 Chapter 5 of +2-B - USHA Publication 12 Class

Question 52 Chapter 5 of +2-B - USHA Publication 12 Class

Question 53 Chapter 5 of +2-B - USHA Publication 12 Class

Question 54 Chapter 5 of +2-B - USHA Publication 12 Class

Question 55 Chapter 5 of +2-B - USHA Publication 12 Class

Question 56 Chapter 5 of +2-B - USHA Publication 12 Class

Question 57 Chapter 5 of +2-B - USHA Publication 12 Class

Question 58 Chapter 5 of +2-B - USHA Publication 12 Class

Question 59 Chapter 5 of +2-B - USHA Publication 12 Class

Question 60 Chapter 5 of +2-B - USHA Publication 12 Class

Question 62 Chapter 5 of +2-B - USHA Publication 12 Class

Question 63 Chapter 5 of +2-B - USHA Publication 12 Class

Question 64 Chapter 5 of +2-B - USHA Publication 12 Class

Question 65 Chapter 5 of +2-B - USHA Publication 12 Class

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