[ISC] Q. 32 Cash Flow Statement Solution TS Grewal Class 12 (2023-24)

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Solution of Question number 32 of the Cash Flow Statement of TS Grewal Book 2023-24 session ISC Board?

Following is the Balance Sheet of Florence Ltd. and also additional information, calculate Cash Flow from Investing Activities:

Balance Sheet as at 31st March, 2023

Particulars31st March
2023 (₹)
31st March
2022 (₹)
I. EQUITY AND LIABILITIES
1. Shareholder’s Funds
Share Capital
3,00,0003,00,000
2. Non-Current Liabilities
Long-term Borrowings
5,00,0006,00,000
3. Current Liabilities
Other Current Liabilities
3,00,0002,00,000
Total11,00,00011,00,000
II. Assets
1. Non-Current Assets
(a) Property, Plant and Equipment and Intangible Assets:
Property, Plant and Equipment
(b) Non-Current Investments
3,00,000
2,00,000
3,00,000
4,00,000
2. Current Assets
(a) Cash and Bank Balances
(b) Short-term Loan and Advances
2,00,000
1,00,000
4,00,000
3,00,000
Total11,00,00011,00,000

Additional Information:

Dividend received on investment and credited to Statement of Profit & Loss for the year ended 31st March 2023 is ₹ 5,000.

Solution:-

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