[DK Goel] Q. 66 Cash Flow Statement Solutions Class 12 CBSE (2026-27)
Solution of question number 66 Cash Flow Statement chapter 7 of DK Goel Class 12 CBSE (2026-27).
From the following Balance Sheet of Havels Ltd. You are required to prepare a Cash Flow Statement:
Havels Ltd
Balance Sheet as 31.3.2023
| Particulars | Note. No. | 31st March, 2023 | 31st March, 2022 |
| I. EQUITY AND LIABILITIES: | |||
| (1) Shareholder’s Funds: (a) Share Capital (b) Reserves & Surplus | 7,90,000 4,60,000 | 5,80,000 1,20,000 | |
| (2) Non-Current Liabilities: Long-term Borrowings (12% Debentures) | 5,00,000 | 3,00,000 | |
| (2) Current Liabilities: (a) Short Term Borrowings (Bank Overdraft) (b) Short-term Provisions | 1,15,000 1,18,000 | 42,000 46,000 | |
| Total | 19,83,000 | 10,88,000 | |
| II. ASSETS: | |||
| (1) Non-Current Assets: (a) Property, Plant and Equipment and Intangible Assets (i) Property, Plant and Equipment (ii) Intangible Assets (Patents) | 9,80,000 2,68,000 | 6,35,000 1,70,000 | |
| (2) Current Assets: (a) Current Investments (a) Trade Receivables (b) Cash at Bank | 1,40,000 4,40,000 1,55,000 | 70,000 1,50,000 63,000 | |
| Total | 19,83,000 | 10,88,000 |
Notes to Accounts:-
| 31.3.2023 | 31.3.2022 | |
| (1) Reserves and Surplus Surplus (Balance in statement of Profit & Loss) General Reserve | 3,20,000 1,40,000 | 60,000 60,000 |
| 4,60,000 | 1,20,000 | |
| (2) Short-term Provision Provision for Tax | 1,18,000 | 46,000 |
| (3) Property, Plant and Equipment: Plant and Machinery Less: Accumulated Depreciation | 11,00,000 (1,20,000) | 7,50,000 (1,15,000) |
| 9,80,000 | 6,35,000 |
Additional Information:-
12% Debentures were issued on 1st September, 2022
[Ans. Cash from Operating Activities ₹ 1,77,000; Cash used in Investing Activities ₹ 4,48,000; Cash from Financing Activities ₹ 4,33,000.]
Solution:-
