[ISC] Q. 20 Cash Flow Statement Solution TS Grewal Class 12 (2026-27)
Solution of Question number 20 of the Cash Flow Statement of TS Grewal Book 2026-27 session ISC Board?
Following information is related to Star Ltd:
Statement of Profit & Loss for the year ended 31st March, 2026
| Particulars | ₹ |
| I. Revenue from Operations (Net Sales) II. Other Income | 30,00,000 45,000 |
| III. Total Revenue (I + II) | 30,45,000 |
| Iv. Expenses (a) Purchase of Stock in Trade (b) Change in inventories of stock in trade (c) Depreciation and Amortisation Expense (d) Other Expenses | 23,03,000 (16,000) 1,85,000 3,29,000 |
| Total Expenses | 28,01,000 |
| V. Profit before Tax (III – IV) VI. Less: Tax | 2,44,000 64,000 |
| VII. Profit after Tax (V – VI) | 1,80,000 |
Notes to Accounts
| Particulars | ₹ |
| 1. Other Income (a) Dividend Received (b) Gain (Profit) on Sale of Plant | 5,000 40,000 |
| 45,000 | |
| 2. Changes in Inventories of Stock in Trade (a) Opening Inventories (b) Less: Closing Inventories | 2,84,000 3,00,000 |
| (16,000) | |
| 3. Other Expenses (a) Office Expenses (b) Selling Expenses (c) Loss on Sale of Furniture | 58,000 2,35,000 36,000 |
| 3,29,000 |
| Other information | As on 31st March, 2023 | As on 31st March, 2022 |
| Trade Payables Trade Receivables Office Expenses Outstanding Selling Expenses Outstanding | 2,78,000 4,52,000 – 25,000 | 2,50,000 4,15,000 5,000 22,000 |
Determine Cash Flow from Operating Activities
Solution:-
