Q. 39 DK Goel Cash Flow Statement Solutions Class 12 CBSE (2024-25)
Solution of question number 39 of Cash Flow Statement chapter 7 of DK Goel Class 12 CBSE (2024-25)
Q. 39 (A). Prepare a Cash Flow Statement from the following Balance Sheets of Dry Fruits Ltd.:-
| Particulars | Note. No. | 31st March, 2022 | 31st March, 2021 |
| I. EQUITY AND LIABILITIES: | |||
| (1) Shareholder’s Funds: (a) Share Capital (b) Reserve and Surplus | 2,00,000 84,000 | 2,00,000 (8,000) | |
| (2) Non-Current Liabilities: Long-term Borrowings | 1,35,000 | 1,00,000 | |
| (3) Current Liabilities (a) Trade Payables | 68,000 | 62,000 | |
| Total | 4,87,000 | 3,54,000 | |
| II. ASSETS: | |||
| (1) Non-Current Assets: (a) Property, Plant and Equipment and Intangible Assets (i) Property, Plant and Equipment | 1,20,000 | 1,30,000 | |
| (2) Current Assets: (a) Current Investments (Marketable Securities) (b) Inventories (c) Trade Receivables (d) Cash & Cash Balance | 22,000 61,000 40,000 2,44,000 | 15,000 80,000 29,000 1,00,000 | |
| Total | 4,87,000 | 3,54,000 |
Notes to Accounts:-
| 31.3.2022 (₹) | 31.3.2021 (₹) | |
| (1) Reserve & Surplus: General Reserve Profit & Loss Balance | 24,000 60,000 | __ (8,000) |
| 84,000 | (8,000) | |
| (2) Long-term Borrowings: 12% Mortgage Loan | 1,35,000 | 1,00,000 |
| (3) Property, Plant and Equipment Machinery Less: Accumulated Depreciation | 1,45,000 25,000 | 1,60,000 30,000 |
| 1,20,000 | 1,30,000 |
Additional Information:-
(1) Interest paid on mortgage loan amounted to ₹ 14,100.
(2) Interim Dividend paid during the year ₹ 20,000.
(3) Machinery costing ₹ 40,000 (accumulated depreciation thereon being ₹ 18,000) was sold for ₹ 5,000.
[Ans. Cash from operating activities ₹ 1,70,100; Cash used in investing activities ₹ 20,000; and Cash from financing activities ₹ 900.]
Solution:-
Q. 39 (B). Prepare a Cash-Flow Statement from the following:-
| Particulars | Note. No. | 31st March, 2022 | 31st March, 2021 |
| I. EQUITY AND LIABILITIES: | |||
| (1) Shareholder’s Funds: (a) Share Capital (b) Reserve and Surplus | 3,00,000 65,000 | 2,00,000 50,000 | |
| (3) Current Liabilities (a) Trade Payables (b) Other Current Liabilities (c) Short Term Provision | 1,05,000 __ 20,000 | 52,000 16,000 2,000 | |
| Total | 4,90,000 | 3,20,000 | |
| II. ASSETS: | |||
| (1) Non-Current Assets: (a) Property, Plant and Equipment and Intangible Assets (i) Property, Plant and Equipment (b) Non-Current Investments | 2,25,000 55,000 | 1,10,000 60,000 | |
| (2) Current Assets: (a) Inventories (b) Trade Receivables (c) Cash & Cash Equivalents | 26,000 1,80,000 4,000 | 50,000 92,000 8,000 | |
| Total | 4,90,000 | 3,20,000 |
Notes to Accounts:-
| 31.3.2022 (₹) | 31.3.2021 (₹) | |
| (1) Reserve & Surplus Securities Premium Profit & Loss Balance | 20,000 45,000 | — 50,000 |
| 65,000 | 50,000 | |
| (2) Trade Payables: Sundry Creditors Bills Payables | 95,000 10,000 | 52,000 — |
| 1,05,000 | 52,000 | |
| (3) Other Current Liabilities: Outstanding Salaries | — | 16,000 |
| (4) Short-term Provision: Provision for Doubtful Debts | 20,000 | 2,000 |
Additional Information:-
(1) During the year, company sold 60% of its original Non-Current Investments at a profit of 25%.
(2) Depreciation provided on machinery during the year was ₹ 35,000.
[Ans. Cash from operating activities ₹ 12,000; Cash used in investing activities ₹ 1,36,000; and Cash from financing activities ₹ 1,20,000.]
Solution:-
