[DK Goyal] Q 2 Cash Flow Statement Solution CBSE Class 12 (2022-23)
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Solution of Question 2 of Cash Flow statement DK Goyal Class 12 CBSE 2022-23
Question – 2
Classify the following activities into i) Operating Activities, ii) Investing Activities, and iii) Financing Activities in case of a) a Financial Enterprise, and b) a Manufacturing Enterprise:
S.N | Items |
1 | Purchase of Shares of a Company. |
2 | Proceeds from sale of Shares. |
3 | Brokerage paid on purchase of Shares. |
4 | Loans and advances made to third parties. |
5 | Dividend and interest received on Securities. |
6 | Salary paid to employees. |
7 | Interest paid on debentures. |
8 | Dividend paid to Shareholders. |
Solution:-
In Case of Financial Enterprise:-
Transaction 1 to 7 – Operating Activities
Transaction 8 – Financing Activities
In Case of Non-Financial Enterprise:
Transaction 1 to 5:- Investing Activities
Transaction 6:- Operating Activities
Transaction 7 and 8:- Financing Activities