[CBSE] Q. 8 Cash Flow Statement TS Grewal Class 12 2025-26
Solution of Question number 8 of the Cash Flow Statement of TS Grewal Book 2026-27 session
From the following information, calculate Net Profit before Tax and Extraordinary Items:
| Surplus, i.e., Balance in Statement of Profit & Loss (Opening) | ₹ 1,00,000 |
| Surplus, i.e., Balance in Statement of Profit & Loss (Closing) | ₹ 3,36,000 |
| Dividend Paid in the Current Year | ₹ 72,000 |
| Interim Dividend Paid during the year | ₹ 90,000 |
| Transfer to Reserve | ₹ 1,00,000 |
| Provision for Tax for the Current year | ₹ 1,50,000 |
| Refund of Tax | ₹ 3,000 |
| Loss due to Earthquake | ₹ 2,00,000 |
| Insurance Proceeds from Earthquake disaster settlement | ₹ 1,00,000 |
[Ans.: Net Profit before Tax and Extraordinary Items = ₹ 7,45,000.]
Solution:-
