[DK Goel] Q. 62 Cash Flow Statement Solutions Class 12 CBSE (2026-27)
Solution of question number 62 Cash Flow Statement chapter 7 of DK Goel Class 12 CBSE (2026-27).
Following are the Balance Sheets of X Ltd.:-
| Particulars | Note. No. | 31st March, 2023 | 31st March, 2022 |
| I. EQUITY AND LIABILITIES: | |||
| (1) Shareholder’s Funds: (a) Share Capital (b) Reserves & Surplus | 2,00,000 72,000 | 2,00,000 (37,000) | |
| (2) Non-Current Liabilities Long-term Borrowings | 75,000 | 50,000 | |
| (2) Current Liabilities: (a) Trade Payables (b) Short-term Provisions | 44,000 24,000 | 46,000 30,000 | |
| Total | 4,15,000 | 2,89,000 | |
| II. ASSETS: | |||
| (1) Non-Current Assets: (a) Property, Plant and Equipment and Intangible Assets (i) Property, Plant and Equipment (b) Non-Current Investments | 62,000 2,000 | 1,40,000 10,000 | |
| (2) Current Assets: (b) Inventory (c) Trade Receivables (d) Cash & Cash Equivalents | 2,00,000 1,21,000 30,000 | 60,000 56,000 23,000 | |
| Total | 4,15,000 | 2,89,000 |
Notes to Accounts:-
| 31.3.2023 | 31.3.2022 | |
| (1) Reserve & Surplus General Reserve Profit & Loss Balance | 22,000 50,000 | — (37,000) |
| 72,000 | (37,000) | |
| (2) Long-term Borrowings Public Deposits | 75,000 | 50,000 |
| (3) Short-term Provision: Provision for Taxation Provision for Doubtful Debts | 20,000 4,000 | 25,000 5,000 |
| 24,000 | 30,000 | |
| (4) Property, Plant and Equipment: Land Plant & Machinery Accumulated Depreciation | — 1,00,000 (38,000) | 1,00,000 80,000 (40,000) |
| 62,000 | 1,40,000 |
Additional Information:-
(I) A piece of machinery was sold for ₹ 8,000 during the year 2023. Its original cost was ₹ 20,000 and depreciation of ₹ 15,000 has been provided on it.
(II) Non-Current Investments were sold at a loss of 40%.
(III) Land was sold for ₹ 1,50,000.
(IV) Interest paid on public deposits amounted to ₹ 6,000.
You are required to prepare Cash-Flow Statement.
[Ans. Cash used (lost) in operating activities ₹ 1,34,800; Cash from investing activities ₹ 1,22,800; and Cash from financing activities ₹ 19,000.]
Solution:-
Cash Flow Statement for the year ended 31st March
Hint: Non-Current Investments costing ₹ 8,000 are sold for ₹ 4,800.
