[ISC] Q. 46 Cash Flow Statement Solution TS Grewal Class 12 (2026-27)
Solution of Question number 46 of the Cash Flow Statement of TS Grewal Book 2026-27 session ISC Board?
Following is the summarised Balance Sheet of Philips India Ltd. as at 31st March, 2023:
| Particulars | 31st March, 2026 (₹) | 31st March, 2025 (₹) |
| I. EQUITY AND LIABILITIES | ||
| 1. Shareholders Funds (a) Share Capital (b) Reserves and Surplus | 13,50,000 11,34,000 | 13,50,000 10,68,000 |
| 2. Non-Current Liabilities Long-term Borrowings: 10% Mortgage Loan | 8,10,000 | – |
| 3. Current Liabilities (a) Trade Payables (b) Short-term Provisions (Provision for Tax) | 4,02,000 30,000 | 5,04,000 2,25,000 |
| Total | 37,26,000 | 31,47,000 |
| II. ASSETS | ||
| 1. Non-Current Assets (a) Property, Plant and Equipment and Intangible Assets: Property, Plant and Equipment (b) Non-Current Investments | 9,60,000 1,80,000 | 12,00,000 1,50,000 |
| 2. Current Assets (a) Inventories (b) Trade Receivables (c) Cash and Bank Balances | 6,30,000 13,65,000 5,91,000 | 7,20,000 6,30,000 4,47,000 |
| Total | 37,26,000 | 31,47,000 |
| Particulars | 31st March, 2026 (₹) | 31st March, 2025 (₹) |
| Reserves and Surplus General Reserve Surplus, i.e., Balance in Statement of Profit & Loss | 9,30,000 2,04,000 | 9,00,000 1,68,000 |
| 11,34,000 | 10,68,000 |
Additional Information:
- Investing costing ₹ 24,000 were sold during the year for ₹ 25,500.
- Provision for Tax made during the year was ₹ 27,000.
- During the year a part of the Fixed (Tangible) Assets having a book value of ₹ 30,000 was sold for ₹ 36,000. The profit was included in Statement of Profit & Loss.
- Interim Dividend paid during the year amounted to ₹ 1,20,000.
You are required to prepare Cash Flow Statement.
Solution:-
