[ISC] Q. 42 Cash Flow Statement Solution TS Grewal Class 12 (2026-27)
Solution of Question number 42 of the Cash Flow Statement of TS Grewal Book 2026-27 session ISC Board?
From the following particulars, prepare Cash Flow Statement:
Balance Sheet
| Particulars | 31st March, 2026 (₹) | 31st March, 2025 (₹) |
| I. EQUITY AND LIABILITIES | ||
| 1. Shareholders’ Funds (a) Share Capital: Equity Share Capital (b) Reserves and Surplus | 2,40,000 1,50,000 | 2,00,000 1,20,000 |
| 2. Non-Current Liabilities Long-term Borrowings (10% Debentures) | 90,000 | 1,00,000 |
| 3. Current Liabilities (a) Trade Payables (b) Other Current Liabilities | 2,20,000 10,000 | 1,80,000 5,000 |
| Total | 7,10,000 | 6,05,000 |
| II. ASSETS | ||
| 1. Non-current Assets (a) Property, Plant and Equipment and Intangible Assets: Property, Plant and Equipment (b) Non-Current Investments (Trade) | 4,20,000 50,000 | 3,82,000 40,000 |
| 2. Current Assets (a) Current Investments (b) Inventories (c) Trade Receivable (d) Cash and Bank Balance (Cash at Bank) | 40,000 1,00,000 98,000 2,000 | 20,000 80,000 80,000 3,000 |
| Total | 7,10,000 | 6,05,000 |
Note: to Accounts:-
| Particulars | 31st March, 2026 (₹) | 31st March, 2025 (₹) |
| Reserves and Surplus General Reserve Surplus, i.e., Balance in Statement of Profit & Loss | 1,20,000 30,000 | 1,00,000 20,000 |
| 1,50,000 | 1,20,000 | |
| Other Current Liabilities Dividend Payable | 10,000 | 5,000 |
Note: Dividend Proposed for the years ended 31st March, 2022 and 2023 are ₹ 30,000 and ₹ 40,000 respectively.
Additional Information:-
- Depreciation charged on Property, Plant and Equipment amounted to ₹ 50,000.
- Dividend proposed for 31st March, 2022 was paid on 1st May, 2022.
- Debentures interest paid during the year ₹ 10,000.
- Share issue expenses of ₹ 7,000 incurred during the year and written off from statement of Profit & Loss.
Solution:-
