[ISC] Q. 9 Cash Flow Statement Solution TS Grewal Class 12 (2026-27)
Solution of Question number 9 of the Cash Flow Statement of TS Grewal Book 2026-27 session ISC Board?
Calculate Net Profit before Tax of Power Tools Ltd. from its Balance Sheet as at 31st March, 2023:
| Particulars | Note No. | 31st March, 2026 (₹) | 31st March, 2025 (₹) |
| I. Equity and Liabilities | |||
| 1. Shareholder’s Funds (a) Share Capital (b) Reserves and Surplus | 5,00,000 2,00,000 | 5,00,000 1,45,000 | |
| 2. Current Liabilities (a) Short-term Borrwings (b) Trade Payables (c) Other Current Liabilities (d) Short-term Provisions | 10,000 80,000 20,000 50,000 | 15,000 35,000 10,000 30,000 | |
| Total | 8,60,000 | 7,35,000 | |
| II. Assets | |||
| 1. Non-Current Assets (a) Property, Plant and Equipment and Intangible Assets: – Property, Plant and Equipment (b) Non-Current Investments | 4,00,000 1,50,000 | 3,75,000 1,50,000 | |
| 2. Current Assets | 3,10,000 | 2,10,000 | |
| Total | 8,60,000 | 7,35,000 |
| Particulars | 31st March, 2023 (₹) | 31st March 2022 (₹) |
| 1. Reserves and Surplus Surplus, i.e., Balance in Statement of Profit & Loss A/c | 2,00,000 | 1,45,000 |
| 2. Other Current Liabilities Outstanding Expenses | 20,000 | 10,000 |
| 3. Short-term Provisions Provision for Tax | 50,000 | 30,000 |
Note: Proposed Dividend for the years ended 31st March, 2022 and 2023 are ₹ 50,000 and ₹ 25,000 respectively.
Solution:-
