Question 42 Chapter 15 of Class 12 Part – 2 – 2024
Cash Flow From Financing Activities
42. (Cash Flow from Financing Activities) The accountant of a Company provided the following information. Calculate the cash flow from financing activities
| Particulars | 31-03-17 | 31-03-18 |
| Equity Share Capital | 55,00,000 | 66,00,000 |
| 8% Mortgage Loan | 5,50,000 | 11,00,000 |
Additional Information :
(i) Dividend paid during the year amounted to 2,75,000.
(ii) During the year, the company made a bonus issue of 5:1 ratio by capitalising the undistributed profit.
(iii) Interest paid on mortgage loan was 1,04,500 during the year.
The solution of Question 42 Chapter 15 of Class 12 Part – 2 – 2024: –
Cash Flow From Financing Activities |
||
| Particulars |
Rs |
|
| The inflow of cash : | ||
| 8% Mortgage Loan | 5,50,000 | |
| 5,50,000 | ||
| The outflow of cash : | ||
| Less: Dividend Paid | 2,75,000 | |
| Interest paid on Mortgage Loan | 1,04,500 | 3,79,500 |
| Net cash inflow from investing activities | 1,70,500 | |