[DK Goel] Q. 38 Cash Flow Statement Solutions Class 12 CBSE (2026-27)
Solution of question number 38 of Cash Flow Statement chapter 7 of DK Goel Class 12 CBSE (2026-27).
From the following Balance Sheets of Som Ltd. as at 31.3.2023 and 31.3.2022 prepare a Cash Flow Statement:
| Particulars | Note. No. | 31st March, 2023 | 31st March, 2022 |
| I. EQUITY AND LIABILITIES: | |||
| (1) Shareholder’s Funds: (a) Share Capital (b) Reserve and Surplus | 5,75,000 1,40,000 | 2,50,000 1,70,000 | |
| (2) Non-Current Liabilities: Long-term Borrowings | 75,000 | 1,00,000 | |
| Total | 7,90,000 | 5,20,000 | |
| II. ASSETS: | |||
| (1) Non-Current Assets: (a) Property, Plant and Equipment and Intangible Assets (i) Property, Plant and Equipment (Machinery) | 4,50,000 | 3,00,000 | |
| (2) Current Assets: (a) Inventories (b) Trade Receivables (c) Cash & Cash Equivalents | 1,50,000 1,25,000 65,000 | 1,00,000 75,000 45,000 | |
| Total | 7,90,000 | 5,20,000 |
Notes to Accounts:-
| 31.3.2023 | 31.3.2022 | |
| (1) Share Capital: Equity Share Capital 8% Preference Share Capital | 5,00,000 75,000 | 2,00,000 50,000 |
| 5,75,000 | 2,50,000 | |
| (2) Reserve & Surplus General Reserve Profit & Loss | 1,15,000 25,000 | 45,000 1,25,000 |
| 1,40,000 | 1,70,000 | |
| (3) Long-term Borrowings: 10% Debentures | 75,000 | 1,00,000 |
Additional Information:-
(i) During the year a machinery of the book value of ₹ 70,000 was sold for ₹ 15,000.
(ii) Interim Dividend paid on equity share capital ₹ 24,000.
[Ans. Net Loss before taxation ₹ 2,000; Cash used in Operating Activities ₹ 37,000; Cash used in Investing Activities ₹ 2,05,000; Cash from Financing Activities ₹ 2,62,000.]
Notes:-
(1) It is assumed that debentures have been redeemed at the end of the year.
(2) Since interim dividend is paid on equity share capital previous year’s dividend on Pref. share capital ₹ 4,000 will also be allowed.
Solution:-
