[DK Goel] Q. 39 Cash Flow Statement Solutions Class 12 CBSE (2026-27)
Solution of question number 39 of Cash Flow Statement chapter 7 of DK Goel Class 12 CBSE (2026-27).
There was ‘Nil; net cash flow from operating activities of Ashok Ltd. during the year ending 31st March, 2019. From the following Balance Sheet of Ashok Ltd. as at 31st March, 2019, prepare a Cash Flow Statement:
Ashok Ltd.
Balance Sheet as at 31st March, 2019
| Particulars | Note. No. | 31st March, 2023 | 31st March, 2022 |
| I. EQUITY AND LIABILITIES: | |||
| (1) Shareholder’s Funds: (a) Share Capital (b) Reserve and Surplus | 19,00,000 1,60,000 | 11,00,000 2,00,000 | |
| (2) Non-Current Liabilities: Long-term Borrowings | 1,00,000 | 4,00,000 | |
| (3) Current Liabilities (a) Short term borrowings (b) Short term Provisions | 2,50,000 1,90,000 | 2,30,000 2,70,000 | |
| Total | 26,00,000 | 22,00,000 | |
| II. ASSETS: | |||
| (1) Non-Current Assets: (a) Property, Plant and Equipment and Intangible Assets (i) Property, Plant and Equipment (ii) Intangible Assets | 15,00,000 2,80,000 | 11,00,000 1,70,000 | |
| (2) Current Assets: (a) Current Investments (b) Inventories (c) Trade Receivables (d) Cash & Bank | 1,30,000 3,90,000 3,00,000 | 2,90,000 4,10,000 2,30,000 | |
| Total | 26,00,000 | 22,00,000 |
Notes to Accounts:
| 31.3.2023 | 31.3.2022 | |
| Reserves and Surplus: Surplus (Balance in Statement of Profit and Loss) | 1,60,000 | 2,00,000 |
| Long Term Borrowings 8% Debentures | 1,00,000 | 4,00,000 |
| Short-Term Borrowings Bank Overdraft | ||
| Short term Provisions Provision for Tax | 2,50,000 | 2,30,000 |
| Property, Plant and Equipment Plant & Machinery Accumulated Depreciation | 16,30,000 (1,30,000) | 11,70,000 (70,000) |
| 15,00,000 | 11,00,000 | |
| Intangible Assets Goodwill | 2,80,000 | 1,70,000 |
Additional Information:-
(i) A machinery of the book value of ₹ 60,000, (depreciation provided thereon ₹ 20,000) was sold at a loss of ₹ 6,000.
(ii) 8% Debentures were redeemed on 1st Junly, 2018.
[Ans. Cash used in Investing Activities ₹ 5,96,000; Cash from Financing Activities ₹ 5,06,000.]
Solution:-
Hint: Purchase of Plant & Machinery ₹ 5,40,000.
