[DK Goel] Q. 40 Cash Flow Statement Solutions Class 12 CBSE (2026-27)

Solution of question number 40 of Cash Flow Statement chapter 7 of DK Goel Class 12 CBSE (2026-27).

Following is the Balance Sheet of Mevanca Limited as at 31st March, 2022: Prepare Cash Flow Statement when Cash Flow from Financing Activities is ₹ 2,12,500.

Particulars	Note. No.	31st March, 2023	31st March, 2022
I. EQUITY AND LIABILITIES:
(1) Shareholder’s Funds: (a) Share Capital (b) Reserve and Surplus		3,00,000 25,000	1,00,000 1,20,000
(2) Non-Current Liabilities: Long-term Borrowings		80,000	60,000
(3) Current Liabilities (a) Trade Payables (b) Short term Provisions		6,000 68,000	20,000 70,000
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		3,36,000	1,92,000
(2) Current Assets: (a) Inventories (b) Trade Receivables (c) Cash & Bank Balances (d) Other Current Assets		67,000 51,000 25,000 —	60,000 65,000 49,000 4,0000
Total		4,79,000	3,70,000

Notes to Accounts:-

	31.3.2023	31.3.2022
Reserves and Surplus: Surplus (Balance in Statement of Profit and Loss)	25,000	1,20,000
Long Term Borrowings 10% Long-term Loan	80,000	60,000
Short term Provisions Provision for Tax	68,000	70,000
Property, Plant and Equipment Machinery Accumulated Depreciation	3,84,000 (48,000)	2,15,000 (23,000)
	3,36,000	1,92,000

Additional Information:-

(i) Additional loan was taken on 1st July, 2021.

(ii) Tax of ₹ 53,000 was paid during the year.

(iii) Machinery of the book value of ₹ 80,000 (Accumulated Depreciation ₹ 20,000) was sold at a loss of ₹ 18,000.

[Ans. Cash used in operating activities ₹ 29,500; Cash used in Investing Activities ₹ 2,07,000.]

Solution:-

Hints: (1) Machine with book value of ₹ 80,000 (Accumulated Depreciation ₹ 20,000) has been sold. In other words, machine costing ₹ 1,00,000 has been sold.

(2) Machinery purchase ₹ 2,69,000; Current year’s Depreciation ₹ 45,000.