[CBSE] Q. 6 Cash Flow Statement TS Grewal Class 12 2023-24

Are you looking for the solution of Question number 6 of the Cash Flow Statement of TS Grewal Book 2023-24 session?

Following is the extract from the Balance Sheet of Mercury Ltd:

Equity and Liabilities	31st March, 2023 (₹)	31st March, 2022 (₹)
Equity Share Capital 10% Preference Share Capital Surplus, i.e., Balance in Statement of Profit & Loss Unpaid Dividend	8,00,000 6,00,000 7,20,000 20,000	8,00,000 6,00,000 4,00,000 —-

Additional Information:

(i) Proposed dividend on equity shares for the years 2021-22 and 2022 – 23 are ₹ 1,60,000 and ₹ 2,00,000 respectively.

(ii) An Interim Dividend of ₹ 40,000 on Equity Shares was paid.

Calculate Net Profit before Tax and Extraordinary Items.

[Ans.: Net Profit before Tax and Extraordinary Items = ₹ 5,80,000.]

Solution:-

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