[CBSE] Q. 54 Cash Flow Statement TS Grewal Class 12 2023-24

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Solution of Question number 54 of the Cash Flow Statement of TS Grewal Book 2023-24 session?

From the following Balance Sheet of Samta Ltd., as at 31st March, 2023, prepare Cash Flow Statement:

Particulars31st March,
2023 (₹)
31st March,
2022 (₹)
I. EQUITY AND LIABILITIES
Shareholder’s Funds
(a) Share Capital
(b) Reserves and Surplus
7,50,000
3,05,000
7,50,000
(20,000)
Non-Current Liabilities
Long-term Borrowings (8% Debentures)
2,60,0001,50,000
Current Liabilities
(a) Short-term Borrowings (8% Bank Loan)
(b) Trade Payables
(c) Short-term Provisions
40,000
1,20,000
50,000
50,000
1,10,000
40,000
Total15,25,00010,80,000
II. Assets
Non-Current Assets
(a) Property, Plant and Equipment and Intangible Assets:
(i) Property, Plant and Equipment
(ii) Intangible Assets (Goodwill)
(b) Non-Current Investments
8,60,000
15,000
1,25,000
6,20,000
40,000
80,000
Current Assets
(a) Current Investments
(b) Inventories
(c) Trade Receivables
(d) Cash and Cash Equivalents
5,000
1,95,000
2,00,000
1,25,000
15,000
1,00,000
2,00,000
25,000
Total15,25,00010,80,000
Particulars31st March,
2023 (₹)
31st March,
2022 (₹)
Share Capital
Equity Sahre Capital
10% Preference Share Capital
5,50,000
2,00,000
4,50,000
3,00,000
Reserves and Surplus
Securities Premium:
Less: Premium on Redemption of Preference Shares written off
General Reserve
Surplus, i.e., Balance in Statement of Profit & Loss
10,000
5,000
5,000
1,50,000
1,50,000

1,20,000
(1,40,000)
Short-term Provisions
Provision for Tax
50,00040,000

Additional Information:

(i) During the year a piece of machinery costing ₹ 60,000 on which depreciation charged was ₹ 20,000 was sold at 50% of its book value. Depreciation provided on tangible Assets ₹ 60,000.

(ii) Income Tax ₹ 45,000 was provided.

(iii) Additonal Debentures were issued at par on 1st October, 2022 and Bank Loan was repaid on the same date.

(iv) At the end of the year Preference Shares were redeemed at a premium of 5%.

[Ans.: Net Cash Flow Operating Activities = ₹ 3,70,000; Net Cash Used in Investing Activities = ₹ 3,65,000; Net Cash Flow from Financing Activities = ₹ 85,000; Net Increase in Cash and Cash Equivalents = ₹ 90,000.]

Solution:-

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