[CBSE] Q. 51 Cash Flow Statement TS Grewal Class 12 2023-24

Solution of Question number 51 of the Cash Flow Statement of TS Grewal Book 2023-24 session?

From the following details relating to Grow More Ltd., Prepare Cash Flow Statement:

Balance Sheet of Grow More Ltd. as at 31st March, 2023

Particulars	31st March, 2023 (₹)	31st March, 2022 (₹)
I. EQUITY AND LIABILITIES
Shareholder’s Funds (a) Share Capital (b) Reserves and Surplus	20,00,000 6,00,000	16,00,000 4,20,000
Non-Current Liabilities Long-term Borrowings: 10% Debentures	4,00,000	–
Current Liabilities (a) Trade Payables (b) Short-term Provisions	14,00,000 2,00,000	16,40,000 1,40,000
Total	46,00,000	38,00,000
II. Assets
Non-Current Assets (a) Property, Plant and Equipment and Intangible Assets: Property, Plant and Equipment (b) Non-Current Investments	26,00,000 2,00,000	18,00,000
Current Assets (a) Inventories (b) Trade Receivables (c) Cash and Cash Equivalents	8,00,000 10,00,000 –	4,00,000 14,00,000 2,00,000
Total	46,00,000	38,00,000

Particulars	31st March, 2023 (₹)	31st March, 2022 (₹)
Share Capital Issued, Subscribed and Paid-up Equity Shares of ₹ 100 each fully paid
Reserves and Surplus General Reserve Surplus, i.e., Balance in Statement of Profit & Loss
Short-term Provisions Provision for Tax
Property, Plant and Equipment Plant and Machinery Land and Building

Additional Information:

1. Depreciation @ 25% was charged on the opening value of Plant and Machinery.
2. During the year one old machine costing ₹ 1,00,000 (written Down Value ₹ 40,000) was sold for ₹ 70,000.
3. ₹ 1,00,000 was paid as income tax during the year.
4. Proposed dividend for the year ended 31st March, 2023 was ₹ 4,00,000 and for the year ended 31st March, 2022 was ₹ 2,00,000.
5. During the current year new debentures were issued on 1st October, 2022.

[Ans.: Cash Flow from Operating Activities = ₹ 4,40,000; Cash Used in Investing Activities = ₹ 12,20,000; Cash Flow from Financing Activities = ₹ 5,80,000; Net Decrease in Cash and Cash Equivalents = ₹ 2,00,000.]

Solution:-

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1	Question – 1
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