[DK Goel] Q. 30 Cash Flow Statement Solutions Class 12 CBSE (2026-27)
Solution of question number 30 of Cash Flow Statement chapter 7 of DK Goel Class 12 CBSE (2026-27).
Q. 34 (A). Following are the Balance Sheets of Quick Gains Ltd:-
| Particulars | Note. No. | 31st March, 2022 | 31st March, 2021 |
| I. EQUITY AND LIABILITIES: | |||
| (1) Shareholder’s Funds: (a) Share Capital (b) Reserve and Surplus | 2,00,000 1,25,000 | 2,00,000 20,000 | |
| (2) Non-Current Liabilities: Long-term Borrowings | 75,000 | 50,000 | |
| (3) Current Liabilities (a) Trade Payables (b) Short-term Provisions (Provision for Tax) | 64,000 15,000 | 90,000 10,000 | |
| Total | 4,79,000 | 3,70,000 | |
| II. ASSETS: | |||
| (1) Non-Current Assets: (a) Property, Plant and Equipment and Intangible Assets (i) Property, Plant and Equipment (Machinery) | 3,23,000 | 1,84,000 | |
| (2) Current Assets: (a) Inventories (b) Trade Receivables (c) Cash and Cash Equivalents (d) Other Current Assets | 72,000 51,000 33,000 | 50,000 75,000 59,000 2,000 | |
| Total | 4,79,000 | 3,70,000 |
Notes to Accounts:
| 31.3.2022 (₹) | 31.3.2021 (₹) | |
| (i) Property, Plant and Equipment: Machinery : Less: Accumulated Depreciation | 3,75,000 52,000 | 2,20,000 36,000 |
| 3,23,000 | 1,84,000 | |
| (2) Other Current Assets: Prepaid Expenses | —- | 2,000 |
(1)
| 31.3. 2022 (₹) | 31.3. 2021 (₹) | |
| Contingent Liability Proposed Dividend | 28,000 | 20,000 |
(2) Interest paid on long-term borrowings amounted to ₹ 8,000.
You are required to prepare a Cash-Flow Statement.
[Ans. Cash from operating activities ₹ 1,32,000; Cash used in Investing Activities ₹ 1,55,000; and Cash used in financing activities ₹ 3,000.]
Solution:-
Q 34 (B). Prepare a Cash-Flow Statement from the following Balance Sheet of Garden Honey Ltd:-
| Particulars | Note. No. | 31st March, 2022 | 31st March, 2021 |
| I. EQUITY AND LIABILITIES: | |||
| (1) Shareholder’s Funds: (a) Share Capital (b) Reserve and Surplus | 2,80,000 1,92,000 | 2,50,000 1,20,000 | |
| (2) Non-Current Liabilities: Long-term Borrowings | ___ | 30,000 | |
| (3) Current Liabilities (a) Short-term Borrowings (b) Trade Payables (c) Short-term Provisions | 40,000 93,000 30,000 | 70,000 1,76,000 22,000 | |
| Total | 6,35,000 | 6,68,000 | |
| II. ASSETS: | |||
| (1) Non-Current Assets: (a) Property, Plant and Equipment and Intangible Assets (i) Property, Plant and Equipment (ii) Intangible Assets (b) Non-Current Investments | 3,65,000 42,000 30,000 | 3,50,000 60,000 62,000 | |
| (2) Current Assets: (a) Inventories (b) Trade Receivables (c) Cash and Cash Equivalents | 80,000 1,00,000 18,000 | 1,20,000 66,000 10,000 | |
| Total | 6,35,000 | 6,68,000 |
Notes to Accounts:-
| 31.3.2022 (₹) | 31.3.2021 (₹) | |
| (1) Reserve & Surplus: General Reserve Profit & Loss Balance | 1,25,000 67,000 | 1,00,000 20,000 |
| 1,92,000 | 1,20,000 | |
| (2) Long-term Borrowings: 12% Debentures | __ | 30,000 |
| (3) Short-term Borrowings: Bank Overdraft | 40,000 | 70,000 |
| (4) Short-term Provision: Provision for Tax | 30,000 | 22,000 |
| (i) Property, Plant and Equipment: Land & Building Plant & Machinery | 50,000 3,15,000 | 2,00,000 1,50,000 |
| 3,65,000 | 3,50,000 |
Debentures were redeemed on 1st April, 2021.
[Ans. Cash from operating activities ₹ 21,000; Cash from investing activities ₹ 17,000; and Cash used in financing activities ₹ 30,000.]
Solution:-
