[ISC] Q. 50 Solution of Cash Flow Statement TS Grewal Class 12 (2022-23)

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Solution of Question number 50 of the Cash Flow Statement of TS Grewal Book 2022-23 session ISC Board?

From the following Balance Sheet of X Ltd. as at 31st March, 2022, prepare Cash Flow Statement:

Particulars31st March,
2022 (₹)
31st March,
2022 (₹)
I. EQUITY AND LIABILITIES
Shareholders Funds
(a) Share Capital: Equity Share Capital
(b) Reserves and Surplus
3,60,000
2,00,000
3,00,000
1,60,000
Non-Current Liabilities
Long-term Borrowings
3,78,0002,62,000
Current Liabilities
(a) Trade Payables
(b) Other Current Liabilities

28,000
2,000
28,0000
6,000
Total9,68,0007,56,000
II. Assets
Non-Current Assets
Property, Plant and Equipment and Intangible Assets:
Property, Plant and Equipment
6,40,0004,60,000
Current Assets
(a) Inventories
(b) Trade Receivables
(c) Cash and Bank Balances: Cash at Bank
(d) Other Current Assets
34,000
1,68,000
1,10,000
16,000
40,000
1,36,000
1,00,000
20,000
Total9,68,0007,56,000
Particulars31st March,
2022 (₹)
31st March,
2021 (₹)
1. Reserves and Surplus
General Reserve
Surplus, i.e., Balance in Statement of Profit & Loss
60,000
1,40,000
60,000
1,00,000
2,00,0001,60,000
2. Long-term Borrowings
12% Debentures
12% Public Deposits
1,38,000
2,40,000
1,02,000
1,60,000
3,78,0002,62,000
3. Trade Payables
Creditors
Bills Payable
20,000
8,000
16,000
12,000
28,00028,000
4. Other Current Liabilities
Outstanding Expenses
2,0006,000
5. Property Plant and Equipment
Building
Plant
4,40,000
2,00,000
3,00,000
1,60,000
6,40,0004,60,000
6. Trade Receivables
Debtors
Bills Receivable
1,50,000
18,000
1,20,000
16,000
168,000136,000
7. Other Current Assets
Accrued Income
Prepaid Expenses
12,000
4,000
20,000
16,00020,000

Additional Information:

  1. Depreciation charged on Building ₹ 20,000 and on Plant ₹ 10,000.
  2. Interest paid on Debentures ₹ 14,000. New Debentures of ₹ 36,000 were issued on 1st October, 2021.
  3. Interest paid on Deposits from Public ₹ 19,200 for the year.

Solution:-

Here is the list of all Solutions.

S.NSolutions
1Question – 1
2Question – 2
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4Question – 4
5Question – 5
6Question – 6
7Question – 7
8Question – 8
9Question – 9
10Question – 10

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

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50Question – 50
51Question – 51
52Question – 52
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