[ISC] Q. 17 Solution of Cash Flow Statement TS Grewal Class 12 (2022-23)

Solution of Question number 17 of the Cash Flow Statement of TS Grewal Book 2022-23 session ISC Board?

Profit of Arthur Ltd. for the year ended 31st March, 2022 was ₹ 1,25,000 after considering the following:

(a) Provision for Tax during the year	20,000
(b) Goodwill Amortised	10,000
(c) Gain (Profit) on Sale of Furniture	5,000
(d) Preliminary Expenses Written off	2,000
(e) Machinery costing ₹ 80,000 (accumulated depreciation thereon being ₹ 20,000) was sold during the year at a loss of ₹ 10,000.
(f) Dividend Paid during the year.

Extract of Balance Sheet in the beginning and at the end of the year is given below:

Particulars	31st March, 2021 (₹)	31st March, 2022 (₹)
Trade Receivables Inventory (Stock) Cash at Bank Trade Payables Expenses Outstanding Provision for Tax Current Investments Plant and Machinery (Net)	40,000 30,000 10,000 22,000 5,000 10,000 40,000 1,40,000	48,000 24,000 8,000 18,000 6,000 8,000 70,000 60,000

Note: Proposed dividend for the years ended 31st March, 2021 and 31st March, 2022 are ₹ 15,000 and ₹ 10,000 respectively.

Determine Cash Flow from Operating Activities, Show you Working Clearly.

Solution:-

Here is the list of all Solutions.

S.N	Solutions
1	Question – 1
2	Question – 2
3	Question – 3
4	Question – 4
5	Question – 5
6	Question – 6
7	Question – 7
8	Question – 8
9	Question – 9
10	Question – 10

Read Here:- TS Grewal Solutions class 12 ISC Board (2022-23)

S.N	Solutions
11	Question – 11
12	Question – 12
13	Question – 13
14	Question – 14
15	Question – 15
16	Question – 16
17	Question – 17
18	Question – 18
19	Question – 19
20	Question – 20

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21	Question – 21
22	Question – 22
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28	Question – 28
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30	Question – 30

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31	Question – 31
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34	Question – 34
35	Question – 35
36	Question – 36
37	Question – 37
38	Question – 38
39	Question – 39
40	Question – 40

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42	Question – 42
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49	Question – 49
50	Question – 50
51	Question – 51
52	Question – 52