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VDO+ Tag:Question 48 Chapter 15 of Class 12 Part – 2 – 2024
PREPARING OF CASH FLOW STATEMENT (WITHOUT ADJUSTMENT)
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Video Tag:48. (CFS Showing Operating, Investing & Financing Activities) From the following particulars of Sanjeev Ltd. Prepare cash flow statement.
| Particulars | Note No. | Figures of the current reporting period | Figures of the previous reporting period |
| I. Equity and Liabilities | |||
| Shareholders Fund : | |||
| Equity Share Capital | 2,50,000 | 2,00,000 | |
| Reserves and surplus | |||
| Balance in Statement of Profit and Loss | 1,00,000 | 50,000 | |
| Discount on Debentures | (6,00) | -10,000 | |
| II. Non-Current Liabilities | |||
| Long-term Borrowings : | |||
| 10% Debentures | 1,00,000 | 50,000 | |
| III. Current Liabilities | |||
| Trade Payable | 80,000 | 40,000 | |
| Output CGST | 10,000 | 5,000 | |
| Output SGST | 10,000 | 5,000 | |
| IV. Provisions | |||
| Provision for doubtful debts | 20,000 | 10,000 | |
| 5,64,000 | 3,50,000 | ||
| V. Assets | |||
| Non-current Assets | |||
| Tangible Assets | |||
| Fixed Assets (Net) | 3,50,000 | 2,50,000 | |
| VI. Current Assets | |||
| Trade Receivable | 1,40,000 | 45,000 | |
| Marketable Securities | 14,000 | 15,000 | |
| Cash in hand | 60,000 | 40,000 | |
| 5,64,000 | 3,50,000 |
Prepare a Cash Flow Statement.
The solution of Question 48 Chapter 15 of Class 12 Part – 2 – 2024: –
| Cash Flow Statement |
||
| Particulars |
Rs |
|
| (A) Cash Flow from Operating Activities | ||
| Closing balance of Profit and Loss | 1,00,000 | |
| Less: Opening balance of Profit and Loss | (50,000) | |
| Net profit of the year after appropriation | 50,000 | |
| Add: Interest on debentures | 5,000 | |
| Discount on debentures | 4,000 | |
| Cash operating Profit before Working Capital adj. | 59,000 | |
| Add: Increase in Current Liabilities | ||
| Tarde Payable | 40,000 | |
| Output CGST | 5,000 | |
| Output SGST | 5,000 | |
| Provision for doubtful debts | 10,000 | |
| Less: Increase in Current Assets | ||
| Trade receivable | 95,000 | 24,000 |
| Cash flow from Operating Activities | 24,000 |
|
| (B) Cash flows from Investing Activities | ||
| Outflow of Cash | ||
| Purchase of Fixed Assets | 1,00,000 | |
| Net cash used in investing Activities | 1,00,000 |
|
| (C) Cash flows from Financing Activities | ||
| Inflow of Cash | ||
| Share Capital Issued | 50,000 | |
| Issue of Debentures | 50,000 | |
| Outflow of Cash | ||
| Redemption of 10% Preference Shares | 5,000 | 95,000 |
| Net cash flow from financing activities | 95,000 |
|
| Total Cash flow (A + B + C) | 19,000 | |
| Opening Balance Cash | 55,000 | |
| Closing Balance Cash | 74,000 | |
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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)
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 – Ratio Analysis
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
Check out Part 1 of both books.
In Class 12th the accountancy has 2 books i.e. Part 1 and Part 2. The Books related to the Part 1 are shown above. but If you want to know more about Part 1, you can check it out from the following links. We have provided the links to both books i.e. Accountancy Part 1 by Usha Publication and Advanced Accountancy Part 2 by Unimax Publication.
1. Accountancy – Part 1 Class 12 – Session 2024-25 By Usha Publication
2. Advanced Accountancy Part 1 Class 12 by Unimax Publication