[ISC] Q. 46 Solution of Cash Flow Statement TS Grewal Class 12 (2022-23)

Solution of Question number 46 of the Cash Flow Statement of TS Grewal Book 2022-23 session ISC Board?

From the following Balance Sheet of A Ltd., Prepare Cash Flow Statement as per AS – 3 (Revised):

Particulars	31st March, 2022 (₹)	31st March, 2021 (₹)
EQUITY AND LIABILITIES
1. Shareholders’ Funds (a) Share Capital (b) Reserves and Surplus	8,00,000 8,00,000	8,00,000 3,00,000
2. Non-Current Liabilities Long-term Borrowings (10% Bank Loan)	–	7,50,000
3. Current Liabilities (a) Short-term Borrowings (10% Bank Loan) (b) Trade Payable (c) Short-term Provisions	2,50,000 9,00,000 1,50,000	3,70,000 4,60,000 1,20,000
Total	29,00,000	28,00,000
II. Assets
1. Non-Current Assets Property, Plant and Equipment and Intangible Assets: Property, Plant and Equipment (Plant and Machinery)	6,00,000	13,00,000
2. Current Assets (a) Current Investments (b) Inventories (c) Trade Receivables (d) Cash and Bank Balances	30,000 12,00,000 9,70,000 1,00,000	10,000 8,00,000 6,50,000 40,000
Total	29,00,000	28,00,000

Particulars	31st March, 2022 (₹)	31st March, 2021 (₹)
1. Reserves and Suplus Surplus, i.e., Balance in Statement of Profit & Loss	8,00,000	3,00,000
2. Short-term Provisions Provision for Tax	1,50,000	1,20,000
3. Trade Receivables Debtors Bills Receivable	8,60,000 1,10,000	5,00,000 1,50,000
Total	9,70,000	6,50,000

Note:- Dividend of ₹ 3,00,000 (proposed during 2021 – 21) was paid during the year ended 31st March, 2022. Dividend of ₹ 4,00,000 was proposed for the year ended 31st March, 2022.

Additional Information:

1. Depreciation of ₹ 1,00,000 has been charged to Pant and Machinery.
2. Income Tax provided during the year is ₹ 1,50,000.

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

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

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

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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

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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