[ISC] Q. 41 Solution of Cash Flow Statement TS Grewal Class 12 (2022-23)

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Solution of Question number 41 of the Cash Flow Statement of TS Grewal Book 2022-23 session ISC Board?

Following is the Balance Sheet of Super State Ltd:

Particulars31st March,
2022 (₹)
31st March,
2021 (₹)
I. EQUITY AND LIABILITIES
Shareholder’s Funds
(a) Share Capital: Equity Share Capital
(b) Reserves and Surplus
3,50,000
57,000
3,00,000
38,000
Current Liabilities
(a) Trade Payables
(b) Other Current Liabilities
(c) Short-term Provisions
53,000
6,000
32,000
35,000
8,000
28,000
Total4,98,0004,09,000
II. Assets
Non-Current Assets
(a) Property, Plant and Equipment and Intangible Assets:
(i) Property, Plant and Equipment
(ii) Intangible Assets (Goodwill)
(b) Non-Current Investments
2,48,000
40,000
35,000
2,00,000
50,000
10,000
Current Assets
(a) Inventories
(b) Trade Receivables
(c) Cash and Bank Balances
39,000
1,08,000
28,000
57,000
75,000
17,000
Total4,98,0004,09,000

Note to Accounts:-

Particulars31st March,
2022 (₹)
31st March,
2021 (₹)
Reserves and Surplus
General Reserve
Surplus, i.e., Balance in Statement of Profit & Loss
30,000
27,000
20,000
18,000
57,00038,000
Short-term Provisions
Provision for Tax
32,00028,000
Property, Plant and Equipment
Land and Building
Plant and Machinery
57,000
1,91,000
1,10,000
90,000
Total2,48,0002,00,000

Note. Proposed equity dividends for the years 2020-21 and 2021-22 are ₹ 39,000 and ₹ 45,000 respectively.

You are required to prepare Cash Flow Statement for the year ended 31st March, 2022.

Solution:-

Here is the list of all Solutions.

S.NSolutions
1Question – 1
2Question – 2
3Question – 3
4Question – 4
5Question – 5
6Question – 6
7Question – 7
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10Question – 10

Read Here:- TS Grewal Solutions class 12 ISC Board (2022-23)

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42Question – 42
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