[ISC] Q. 37 Solution of Cash Flow Statement TS Grewal Class 12 (2022-23)
Solution of Question number 37 of the Cash Flow Statement of TS Grewal Book 2022-23 session ISC Board?
From the following extract of Balance Sheet of Cloud 9 Ltd, Calculate Cash Flow from Financing Activities:
| Particulars | 31st March, 2022 (₹) | 31st March, 2021 (₹) |
| I. EQUITY AND LIABILITIES | ||
| 1. Shareholder’s Funds (a) Share Capital (b) Reserves and Surplus | 10,00,000 2,30,000 | 10,00,000 2,00,000 |
| 2. Non-Current Liabilities Long-term Borrowings (12% Debenture | 6,00,000 | 4,00,000 |
Notes to Accounts:
| Particulars | 31st March, 2022 (₹) | 31st March, 2021 (₹) |
| 1. Share Capital Equity Share Capital 10% Preference Share Capital | 8,00,000 2,00,000 | 6,00,000 4,00,000 |
| Total | 10,00,000 | 10,00,000 |
| 2. Reserves and Surplus (a) Securities Premium Reserve – Received Less: Share issue Expenses Writtenf off | 30,000 5,000 | – – |
| 25,000 | – | |
| (b) Surplus, i.e., Balance in Statement of Profit & Loss: Opening Balance Add: Net Profit (as per Statement of Profit & Loss) | 2,00,000 1,35,000 | 1,50,000 50,000 |
| Less: Dividend Payable | 3,35,000 1,30,000 | 2,00,000 – |
| 2,05,000 | 2,00,000 | |
| Total (a + b) | 2,30,000 | 2,00,000 |
Additional information:
- Dividend @ 15% on Equity Shares and @ 10% on Preference Shares was declared by the Shreholders on 15th September, 2021.
- Preferencer Shares were redeemed at par on 31st March, 2022.
- Debentures were issued on 31st March, 2022.
- Equity Shares were issued on 31st March, 2022 at a premium of 15%.
- Interest on 12% Debentures still payable is ₹ 9,600.
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 |
| S.N | Solutions |
| 21 | Question – 21 |
| 22 | Question – 22 |
| 23 | Question – 23 |
| 24 | Question – 24 |
| 25 | Question – 25 |
| 26 | Question – 26 |
| 27 | Question – 27 |
| 28 | Question – 28 |
| 29 | Question – 29 |
| 30 | Question – 30 |
| S.N | Solutions |
| 31 | Question – 31 |
| 32 | Question – 32 |
| 33 | Question – 33 |
| 34 | Question – 34 |
| 35 | Question – 35 |
| 36 | Question – 36 |
| 37 | Question – 37 |
| 38 | Question – 38 |
| 39 | Question – 39 |
| 40 | Question – 40 |
| S.N | Solutions |
| 41 | Question – 41 |
| 42 | Question – 42 |
| 43 | Question – 43 |
| 44 | Question – 44 |
| 45 | Question – 45 |
| 46 | Question – 46 |
| 47 | Question – 47 |
| 48 | Question – 48 |
| 49 | Question – 49 |
| 50 | Question – 50 |
| 51 | Question – 51 |
| 52 | Question – 52 |
