Q. 2 DK Goel Cash Flow Statement Solutions Class 12 CBSE (2024-25)
Solution of question number 2 of Cash Flow Statement chapter 7 of DK Goel Class 12 CBSE (2024-25).
Classify the following activities into (i) Operating Activities, (ii) Investing Activities, and (iii) Financing Activities in case of (a) a Financial Enterprise, and (b) a Manufacturing Enterprise :
- Purchase of Shares of a Company.
- Proceeds from sale of Shares.
- Brokerage paid on purchase of shares
- Loans and Advances made to third parties
- Dividend and interest received on Securities
- Salary paid to employees.
- Interest paid on debentures.
- Dividend paid to Shareholders.
Solution:-
In Case of Financial Enterprise:
Transactions 1 to 7 : Operating Activities
Transactions 8 : Financing Activities
In Case of Non-Financial Enterprise :
Transaction 1 to 5 : Investing Activities
Transaction 6 : Operating Activities
Transaction 7 & 8 : Financing Activities