[DK Goel] Q. 56 Cash Flow Statement Solutions Class 12 CBSE (2026-27)

Solution of question number 56 Cash Flow Statement chapter 7 of DK Goel Class 12 CBSE (2026-27).

From the following Balance Sheets of Vishva Ltd., Prepare Cash Flow Statement as per AS-3 (revised) for the year ending 31st March, 2018:

Particulars	Note. No.	31st March, 2018	31st March, 2017
I. EQUITY AND LIABILITIES:
(1) Shareholder’s Funds: (a) Share Capital (b) Reserves & Surplus		1,02,000 36,000	84,000 22,560
(2) Non-Current Liabilities: Long-term Borrowings (10% Debentures)		60,000	48,000
(3) Current Liabilities (a) Short-term Borrowings (Bank Overdraft) (b) Trade Payables (c) Short-term Provisions (Provision for Income Tax)		10,000 28,800 16,800	5,000 36,000 18,000
Total		2,53,600	2,13,560
II. ASSETS:
(1) Non-Current Assets: (a) Property, Plant and Equipment and Intangible Assets (i) Property, Plant and Equipment		1,18,800	1,32,000
(2) Current Assets: (b) Inventories (c) Trade Receivables (d) Cash & Cash Equivalents		61,800 33,600 39,400	45,600 27,600 8,360
Total		2,53,600	2,13,560

Notes to Accounts:-

	31.3.2023	31.3.2022
(1) Reserves and Surplus Balance in Statement of Profit and Loss General Reserve	15,600 20,400	5,760 16,800
	36,000	22,560
(2) Property, Plant and Equipment Land and Building Plant and Machinery	96,000 22,800	97,200 34,800
	1,18,800	1,32,000
(3) Trade Receivables Debtors Bills Receivables	19,200 14,400	24,000 3,600
	33,600	27,600

Additional Information:-

(a) Tax paid during the year 2017-18 ₹ 14,400.

(b) Depreciation on plant charged during the year 2017-18 was ₹ 14,400.

(c) Additional debentures were issued on March 31, 2018.

[Ans. Cash from Operating Activities ₹ 3,240; Cash used in Investing Activities ₹ 2,400; and Cash from Financing Activities ₹ 30,200.]

Solution:-

Note:-

(1) Decrease in Land and Building is treated as depreciation on building.

(2) Provision for tax made during the year ₹ 13,200.