[ISC] Q. 38 Cash Flow Statement Solution TS Grewal Class 12 (2023-24)

Solution of Question number 38 of the Cash Flow Statement of TS Grewal Book 2023-24 session ISC Board?

From the following extract of Balance Sheet of a company, calculate Cash Flow from Financing Activities:

Particulars	31st March, 2022 (₹)	31st March, 2021 (₹)
Equity Share Capital 10% Preference Share Capital Securities Premium Reserve 11% Debentures	6,00,000 2,00,000 35,000 5,00,000	4,00,000 3,00,000 – 4,00,000

Additional Information:

(i) Equity Shares were issued at a premium of 20% on 31st March, 2023.

(ii) Underwriting commission on issue of equity shares ₹ 5,000. The company met underwriting commission from Securities Premium Reserve.

(iii) Preference Shares were redeemed on 31st March, 2023 at par along with dividend.

(iv) Additional Debentures were issued on 1st April, 2022.

(v) The company paid interim dividend @ 9% on Equity Share Capital. The company did not propose final dividend on Equity Share Capital.

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
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11	Question – 11
12	Question – 12
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31	Question – 31
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34	Question – 34
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38	Question – 38
39	Question – 39
40	Question – 40

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54	Question – 54