[CBSE] Q. 29 Cash Flow Statement TS Grewal Class 12 2023-24

Solution of Question number 29 of the Cash Flow Statement of TS Grewal Book 2023-24 session?

Calculate Cash Flow from Investing Activities from the following information:

Particulars	31st March, 2023 (₹)	31st March, 2022 (₹)
Investments in Land Shares in Damodar Ltd. 12% Long-term Investments Plant and Machinery Patents Goodwill	3,00,000 1,50,000 80,000 7,50,000 70,000 1,50,000	3,00,000 1,50,000 50,000 6,00,000 1,00,000 1,00,000

1. A piece of land was purchased as an investment out of surplus. It was let out for commercial purpose and the rent received was ₹ 20,000.
2. Dividend received from Damodar Ltd. @ 12%.
3. Patents written off to the extent of ₹ 20,000. Some patents were sold at a profit of ₹ 10,000.
4. A machine costing ₹ 80,000 (depreciation provided thereon ₹ 30,000) was sold for ₹ 35,000. Depreciation charged during the year was ₹ 70,000.
5. During the year 12% investments were purchased for ₹ 1,00,000 and some investments were sold at a profit of ₹ 10,000. Interest on investments for the year was duly received.

[Ans.: Cash used in investing Activities = ₹ 2,41,000.]

Solution:-

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