[ISC] Q. 42 Solution of Cash Flow Statement TS Grewal Class 12 (2022-23)

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Solution of Question number 42 of the Cash Flow Statement of TS Grewal Book 2022-23 session ISC Board?

From the following Balance Sheet of Vivek Ltd., prepare Cash Flow Statement:

Particulars31st March,
2022 (₹)
31st March,
2021 (₹)
I. EQUITY AND LIABILITIES
1. Shareholder’s Funds
(a) Share Capital
(b) Reserves and Surplus
2,90,000
72,000
2,50,000
50,000
2. Current Liabilities
Trade Payables
5,00023,000
Total3,67,0003,23,000
II. Assets
1. Non-Current Assets
Property, Plant and Equipment and Intangible Assets:
(i) Property, Plant and Equipment
(ii) Intangible Assets (Goodwill)
1,50,000
20,000
1,40,000
30,000
2. Current Assets
(a) Inventories
(b) Trade Receivables
(c) Cash and Bank Balances: Cash at Bank
20,000
1,60,000
17,000
18,000
1,20,000
15,000
Total3,67,0003,23,000
Particulars31st March,
2022 (₹)
31st March,
2021 (₹)
Share Capital
Equity Share Capital
12% Preference Share Capital
2,50,000
40,000
2,00,000
50,000
2,90,0002,50,000
Reserves and Surplus
General Reserve
Surplus, i.e., Balance in Statement of Profit & Loss
55,000
17,000
35,000
15,000
72,00050,000
Property, Plant and Equipment
Building
Plant
80,000
70,000
1,00,000
40,000
1,50,0001,40,000

Depreciation charged on Plant was ₹ 30,000 and on Building ₹ 50,000.

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

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