Q. 31 DK Goel Cash Flow Statement Solutions Class 12 CBSE (2024-25)
Solution of question number 31 of Cash Flow Statement chapter 7 of DK Goel Class 12 CBSE (2024-25)
Calculate ‘Cash Flows from Investing Activities’ and ‘Cash Flows from Financing Activities’ for the year ended 31st March, 2021 from the following balance Sheet of Kamna Ltd. as at 31st March, 2021 showing your workings clearly:
kamna Ltd.
Balance Sheet as at 31st March, 2021
| Particulars | 31.03.2021 | 31.03.2020 | |
| I. EQUITY AND LIABILITIES: | |||
| (1) Shareholder’s Funds: (a) Share capital (b) Reserves & Surplus | 12,00,000 3,00,000 | 11,00,000 2,00,000 | |
| (2) Non-Current Liabilities: Long-term Borrowings | 2,40,000 | 1,70,000 | |
| (3) Current Liabilities (a) Trade Payables | 2,20,000 | 2,81,000 | |
| Total | 19,60,000 | 17,51,000 | |
| II. Assets: | |||
| (1) Non-Current Assets: Property, Plant and Equipment and Intangible Assets: (i) Property, Plant and Equipment (ii) Intangible Assets | 10,70,000 40,000 | 8,50,000 1,12,000 | |
| (2) Current Assets: (a) Current Investments (b) Inventories (c) Trade Receivables (d) Cash and Bank Balances | 2,40,000 1,20,000 1,70,000 3,20,000 | 1,50,000 1,21,000 1,43,000 3,75,000 | |
| Total | 19,60,000 | 17,51,000 |
Notes:-
| Note. No. | Particulars | 31.3.2021 | 31.3.2020 |
| 1. | Reserves and Surplus Surplus i.e., Balance in the statement of Profit and Loss | 3,00,000 | 2,00,000 |
| 2. | Property, Plant and Equipment Machinery Accumulated Depreciation | 12,70,000 (2,00,000) | 10,00,000 (1,50,000) |
| 10,70,000 | 8,50,000 | ||
| 3. | Intangible Assets: Goodwill | 40,000 | 1,12,000 |
Additional Information:
A piece of Machinery costing ₹ 24,000 on which accumulated depreciation was ₹ 16,000, was sold for ₹ 6,000.
[Ans. (i) Cash used in Investing Activities ₹ 2,88,000.
(ii) Cash flow from Financing Activities ₹ 1,70,000.]
Solution:-
