[ISC] Q. 52 Solution of Cash Flow Statement TS Grewal Class 12 (2022-23)

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Solution of Question number 52 of the Cash Flow Statement of TS Grewal Book 2022-23 session ISC Board?

Prepare Cash Flow Statement of Star Ltd. for the year ended 31st March, 2022:

Balance Sheet of Star Ltd. as at 31st March, 2022

Particulars31st March,
2022 (₹)
31st March,
2021 (₹)
I. EQUITY AND LIABILITIES
Shareholder’s Funds
(a) Share Capital
(b) Reserves and Surplus
5,00,000
3,20,000
4,00,000
2,50,000
Non-Current Liabilities
Long-term Borrowings
2,00,0001,00,000
Current Liabilities
(a) Trade Payables
(b) Short-term Provisions
(c) Other Current Liabilities
1,50,000
35,000
5,000
90,000
30,000
10,000
Total12,10,0008,80,000
II. ASSETS
Non-Current Assets
(a) Property, Plant and Equipment and Intangible Assets:
Property, Plant and Equipment
(b) Non-Current Investments
7,00,000
70,000
5,00,000
50,000
Current Assets
(a) Inventories
(b) Trade Receivables
(c) Cash and Bank Balances
60,000
1,20,000
2,60,000
90,000
70,000
1,70,000
Total12,10,0008,80,000
Particulars31st March,
2022 (₹)
31st March,
2021 (₹)
Reserves and Surplus
Securities Premium Reserve
General Reserve
Surplus, i.e., Balance in Statement of Profit & Loss
5,000
1,00,000
2,15,000

80,000
1,70,000
3,20,0002,50,000
Long-term Borrowings
10% Debentures
2,00,0001,00,000
Short-term Provisions
Provision for Tax
35,00030,000
Other Current Liabilities
Unclaimed Dividend
5,00010,000
Property, Plant and Equipment
Machinery (cost)
Less: Accumulated Depreciation
8,50,000
1,50,000
6,10,000
1,10,000
7,00,0005,00,000

Solution:-

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

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