[CBSE] Q. 55 Cash Flow Statement TS Grewal Class 12 2023-24

Solution of Question number 55 of the Cash Flow Statement of TS Grewal Book 2023-24 session?

From the following Balance Sheet and information of Sun Ltd., Prepare Cash Flow Statement:

Particulars	31st March, 2023 (₹)	31st March, 2023 (₹)
I. EQUITY AND LIABILITIES
Shareholder’s Funds (a) Share Capital (b) Reserves and Surplus	7,00,000 4,10,000	6,00,000 2,00,000
Non-Current Liabilities Long-term Borrowings: 10% Debentures	3,00,000	2,00,000
Current Liabilities Trade Payables	1,40,000	60,000
Total	15,50,000	10,60,000
II. Assets
Non-Current Assets (a) Property, Plant and Equipment and Intangible Assets: Property, Plant and Equipment (b) Non-Current Investments (10% Investments)	7,00,000 2,00,000	6,00,000 1,00,000
Current Assets (a) Current Investments (b) Inventories (c) Trade Receivables (d) Cash and Cash Equivalents	90,000 2,00,000 2,80,000 80,000	50,000 1,00,000 1,90,000 20,000
Total	15,50,000	10,60,000

Notes to Accounts

Particulars	31st March, 2023 (₹)	31st March, 2022 (₹)
Share Capital Equity Share Capital 10% Preference Share capital	5,00,000 2,00,000	3,00,000 3,00,000
	7,00,000	6,00,000
Reserves and Surplus Securities Premium Surplus, i.e., Balance in Statement of Profit & Loss	10,000 4,00,000	– 2,00,000
	4,10,000	2,00,000
Trade Receivables Sundry Debtors Less: Provision for Doubtful Debts	3,00,000 20,000	2,00,000 10,000
	3,20,000	2,10,000

You are informed that during the year:

(i)

Proposed Dividend:	31st March, 2023 (₹)	31st March, 2022 (₹)
Equity Share Capital	NIL	NIL
Preference Share Capital	10%	10%

(ii) A Machine with a book value of ₹ 90,000 was sold for ₹ 50,000.

(iii) Depreciation charged during the year ₹ 60,000.

(iv) Debentures were issued on 1st April, 2022.

(v) Investments were purchased on 31st March, 2023.

(vi) Preference Shares were redeemed on 31st Decemeber, 2022.

(vii) An interim Dividend @ 15% was paid on equity shares on 31st Decemeber, 2022.

(viii) Fresh Equity Shares were issued at a premium of 5% on 31st March, 2023.

[Ans.: Cash Flos from Operating Activities = ₹ 2,85,000; Cash used in Investing Activities = ₹ 2,90,000; Cash Flow from Financing Activities = ₹ 1,05,000; Net Increase in Cash and Cash Equivalents = ₹ 1,00,000.]

Solution:-

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