Q. 37 DK Goel Cash Flow Statement Solutions Class 12 CBSE (2024-25)
Solution of question number 37 of Cash Flow Statement chapter 7 of DK Goel Class 12 CBSE (2024-25)
From the following Balance Sheets of Vivek Ltd., prepare Cash Flow Statement:
| Particulars | Note. No. | 31st March, 2022 | 31st March, 2021 |
| I. EQUITY AND LIABILITIES: | |||
| (1) Shareholder’s Funds: (a) Share Capital (b) Reserve and Surplus | 2,90,000 1,52,000 | 2,50,000 50,000 | |
| (3) Current Liabilities (a) Trade Payables (b) Short-term Provision | 5,000 35,000 | 23,000 27,000 | |
| Total | 4,82,000 | 3,50,000 | |
| II. ASSETS: | |||
| (1) Non-Current Assets: (a) Property, Plant and Equipment and Intangible Assets (i) Property, Plant and Equipment (2) Intangible Assets | 1,50,000 20,000 | 1,40,000 30,000 | |
| (2) Current Assets: (a) Inventories (b) Trade Receivables (c) Cash and Cash Equivalents | 95,000 2,00,000 17,000 | 45,000 1,20,000 15,000 | |
| Total | 4,82,000 | 3,50,000 |
Notes to Accounts:-
| 31.3.2022 (₹) | 31.3.2021 (₹) | |
| (1) Share Capital: Equity Share Capital Preference Share Capital | 2,50,000 40,000 | 2,00,000 50,000 |
| 2,90,000 | 2,50,000 | |
| (2) Short-term Provision Provision for Taxation | 35,000 | 27,000 |
| (3) Property, Plant and Equipment: Building Plant | 80,000 70,000 | 1,00,000 40,000 |
| 1,50,000 | 1,40,000 |
Additional Information:
(i) Depreciation charged on Plant was ₹ 30,000 and on Building ₹ 50,000.
(ii) Income Tax paid during the year amounted to ₹ 25,000.
[Ans. Cash from Operating activities ₹ 52,000; Cash used in investing activities ₹ 90,000; and Cash from financing activities ₹ 40,000.]
Solution:-
Hint. Provision for tax made during the year ₹ 33,000.
