[ISC] Q. 41 Cash Flow Statement Solution TS Grewal Class 12 (2023-24)

Solution of Question number 41 of the Cash Flow Statement of TS Grewal Book 2023-24 session ISC Board?

From the following extract of Balance Sheet of Cloud 9 Ltd, Calculate Cash Flow from Financing Activities:

Particulars	31st March, 2023 (₹)	31st March, 2022 (₹)
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, 2023 (₹)	31st March, 2022 (₹)
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 Written 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:

1. Dividend @ 15% on Equity Shares and @ 10% on Preference Shares was declared by the Shareholders on 15th September 2022.
2. Preference Shares were redeemed at par on 31st March, 2023.
3. Debentures were issued on 31st March 2023.
4. Equity Shares were issued on 31st March, 2023 at a premium of 15%.
5. 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

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
53	Question – 53
54	Question – 54