[ISC] Q. 48 Solution of Cash Flow Statement TS Grewal Class 12 (2022-23)
Solution of Question number 48 of the Cash Flow Statement of TS Grewal Book 2022-23 session ISC Board?
Following is the summarised Balance Sheet of Philips India Ltd. as at 31st March, 2022:
| Particulars | 31st March, 2022 (₹) | 31st March, 2021 (₹) |
| 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, 2022 (₹) | 31st March, 2021 (₹) |
| 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:-
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 |
| 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 |
