[ISC] Q. 27 Cash Flow Statement Solution TS Grewal Class 12 (2023-24)

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Solution of Question number 27 of the Cash Flow Statement of TS Grewal Book 2023-24 session ISC Board?

From the following information, determine Cash Flow from Investing Activities of Mercury Ltd:

Particulars31st March,
2023 (₹)
31st March,
2022 (₹)
Investment @ 10%
Fixed Assets
10,00,000
23,80,000
5,00,000
19,50,000

Additional Information:

  1. Half of the investments held in the beginning of the year were sold at 10% profit.
  2. Depreciation on Fixed Assets was ₹ 2,00,000 for the year.
  3. Interest received on investments – ₹ 70,000.
  4. Dividend received on investments – ₹ 30,000.
  5. Rent received – ₹ 20,000.

Solution:-

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