USHA Publication Class 12 Part 2 2024 Solutions Chapter No. 15 – Cash Flow Statement, USHA 2024 Part 2

Question 1 Chapter 15 of Class 12 Part – 2 – 2024

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 allowed to Debtors	(l) Dividend received on Investments
(m) Plant purchased	(n) Expenses incurred on production

The solution of Question 1 Chapter 15 of Class 12 Part – 2 – 2024: - 

https://youtu.be/mt9olHbDsVo?si=Wnfv62ZTBTNqQTdl

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