[ISC] Q. 20 Solution of Cash Flow Statement TS Grewal Class 12 (2022-23)

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Solution of Question number 20 of the Cash Flow Statement of TS Grewal Book 2022-23 session ISC Board?

Following information is related to ABC Ltd:

Statement of Profit & Loss for the year ended 31st March, 2022

Particulars
I. Revenue from Operations (Net Sales)
II. Other Income
30,00,000
45,000
III. Total Revenue (I + II)30,45,000
Iv. Expenses
(a) Purchase of Stock in Trade
(b) Change in inventories of stock in trade
(c) Depreciation and Amortisation Expense
(d) Other Expenses
23,03,000
(16,000)
1,85,000
3,29,000
Total Expenses28,01,000
V. Profit before Tax (III – IV)
VI. Less: Tax
VII. Profit after Tax (V – VI)
2,44,000
64,000
Total1,80,000

Notes to Accounts

Particulars
1. Other Income
(a) Dividend Received
(b) Gain (Profit) on Sale of Plant
5,000
40,000
45,000
2. Changes in Inventories of Stock in Trade
(a) Opening Inventories
(b) Less: Closing Inventories
2,84,000
3,00,000
(16,000)
3. Other Expenses
(a) Office Expenses
(b) Selling Expenses
(c) Loss on Sale of Furniture
58,000
2,35,000
36,000
3,29,000
Other informationAs on
31st March, 2022

As on
31st March, 2021
Trade Payables
Trade Receivables
Office Expenses Outstanding
Selling Expenses Outstanding
2,78,000
4,52,000

25,000
2,50,000
4,15,000
5,000
22,000

Determine Cash Flow from Operating Activities

Solution:-

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

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