Q. 53 DK Goel Cash Flow Statement Solutions Class 12 CBSE (2024-25)

Solution of question number 53 of Cash Flow Statement chapter 7 of DK Goel Class 12 CBSE (2024-25)

The following are the summarised Balance Sheets of X Ltd. as at 31st March, 2022 and 2021:

Particulars	Note. No.	31st March, 2023	31st March, 2022
I. EQUITY AND LIABILITIES:
(1) Shareholder’s Funds: (a) Share Capital (b) Reserve and Surplus		2,50,000 52,000	2,00,000 50,000
(2) Non-Current Liabilities: Long-term Borrowings		30,000	25,000
(3) Current Liabilities (a) Short-term Borrowings (b) Trade Payables (c) Short-term Provisions (Provision for Tax)		7,000 1,02,000 24,000	18,000 1,05,000 15,000
Total		4,65,000	4,13,000
II. ASSETS:
(1) Non-Current Assets: (a) Property, Plant and Equipment and Intangible Assets (i) Property, Plant and Equipment		1,93,000	2,03,000
(2) Current Assets: (b) Inventories (c) Trade Receivables (d) Cash & Cash Equivalents		1,10,000 1,56,000 6,000	90,000 1,18,000 2,000
Total		4,65,000	4,13,000

	31.3.2023	31.3.2022
(1) Long-term Borrowings: 8% Debentures	30,000	25,000
(2) Short-term Borrowings: Cash Credit	7,000	18,000
(3) Property, Plant and Equipment Machinery Less: Accumulated Depreciation	2,50,000 57,000	2,40,000 37,000
	1,93,000	2,03,000

Additional Information:

	31.3.2022	31.3.2021
(i) Contingent Liability Proposed Dividend	30,000	25,000

(ii) Provision for Tax made ₹ 30,000.

(iii) Additional debentures amounting to ₹ 5,000 were issued on 1st oct. 2021. Interest on debentures has been paid up-to date.

You are required to prepare a statement of Cash Flow.

[Ans. Cash used in operating activities ₹ 2,800; Cash used in investing activities ₹ 10,000; and Cash from financing activities ₹ 16,800; Income tax paid ₹ 21,000.]

Note: Repayment of Cash Credit will be treated as ‘Financing Activity’.

Solution:-

List of all Solutions

S.N	Solutions
1	Question – 1
2	Question – 2
3	Question – 3
4	Question – 4
5	Question – 5
6	Question – 6
7	Question – 7
8	Question – 8
9	Question – 9
10	Question – 10

S.N	Solutions
11	Question – 11
12	Question – 12
13	Question – 13
14	Question – 14
15	Question – 15
16	Question – 16
17	Question – 17
18	Question – 18
19	Question – 19
20	Question – 20

S.N	Solutions
21	Question – 21
22	Question – 22
23	Question – 23
24	Question – 24
25	Question – 25
26	Question – 26
27	Question – 27
28	Question – 28
29	Question – 29
30	Question – 30

S.N	Solutions
31	Question – 31
32	Question – 32
33	Question – 33
34	Question – 34
35	Question – 35
36	Question – 36
37	Question – 37
38	Question – 38
39	Question – 39
40	Question – 40

S.N	Solutions
41	Question – 41
42	Question – 42
43	Question – 43
44	Question – 44
45	Question – 45
46	Question – 46
47	Question – 47
48	Question – 48
49	Question – 49
50	Question – 50

S.N	Solutions
51	Question – 51
52	Question – 52
53	Question – 53
54	Question – 54
55	Question – 55
56	Question – 56
57	Question – 57
58	Question – 58
59	Question – 59
60	Question – 60

S.N	Solutions
61	Question – 61
62	Question – 62
63	Question – 63
64	Question – 64
65	Question – 65
66	Question – 66
67	Question – 67
68	Question – 68
69	Question – 69
70	Question – 70

S.N	Solutions
71	Question – 71
72	Question – 72
73	Question – 73
74	Question – 74
75	Question – 75
76	Question – 76
77	Question – 77