[ISC] Q. 39 Cash Flow Statement Solution TS Grewal Class 12 (2026-27)
Solution of Question number 39 of the Cash Flow Statement of TS Grewal Book 2026-27 session ISC Board?
From the following Balance Sheet of Libra Ltd., prepare Cash Flow Statement:
| Particulars | 31st March, 2026 (₹) | 31st March, 2025 (₹) |
| I. EQUITY AND LIABILITIES | ||
| 1. Shareholder’s Funds (a) Share Capital (b) Reserves and Surplus | 2,90,000 72,000 | 2,50,000 50,000 |
| 2. Current Liabilities Trade Payables | 5,000 | 23,000 |
| Total | 3,67,000 | 3,23,000 |
| II. Assets | ||
| 1. Non-Current Assets Property, Plant and Equipment and Intangible Assets: (i) Property, Plant and Equipment (ii) Intangible Assets (Goodwill) | 1,50,000 20,000 | 1,40,000 30,000 |
| 2. Current Assets (a) Inventories (b) Trade Receivables (c) Cash and Bank Balances: Cash at Bank | 20,000 1,60,000 17,000 | 18,000 1,20,000 15,000 |
| Total | 3,67,000 | 3,23,000 |
| Particulars | 31st March, 2026 (₹) | 31st March, 2025 (₹) |
| Share Capital Equity Share Capital 12% Preference Share Capital | 2,50,000 40,000 | 2,00,000 50,000 |
| 2,90,000 | 2,50,000 | |
| Reserves and Surplus General Reserve Surplus, i.e., Balance in Statement of Profit & Loss | 55,000 17,000 | 35,000 15,000 |
| 72,000 | 50,000 | |
| Property, Plant and Equipment Building Plant | 80,000 70,000 | 1,00,000 40,000 |
| 1,50,000 | 1,40,000 |
Depreciation charged on Plant was ₹ 30,000 and on Building ₹ 50,000.
Solution:-
