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Question No 54 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
54. From the following particular, prepare cash Flow Statement:
| Particulars | 2021 | 2021 | 2022 | 2022 |
| Equity and liabilities | ||||
| Equity share capital | 3,00,000 | 5,00,000 | ||
| Reserves and surpluses | 1,18,000 | 3,74,000 | ||
| 10% debentures | 2,00,000 | 1,00,000 | ||
| Debenture’s redemption premium | 20,000 | 10,000 | ||
| Account payable | 38,000 | 32,000 | ||
| Outstanding expenses | 14,000 | 9,000 | ||
| Total | 6,90,000 | 10,25,000 | ||
| Assets | ||||
| Fixed assets | 7,80,000 | 9,75,000 | ||
| Less: accumulated depreciation | 3,00,000 | 4,80,000 | 2,40,000 | 7,35,000 |
| Stock in hand | 78,000 | 93,000 | ||
| Account receivable | 85,000 | 1,02,000 | ||
| Cash in hand | 47,000 | 95,000 |
Additional information:
(I) Cash dividends paid 45,000.
(ii) Equipment’s purchased for cash 4,00,000.
(iii) Old machinery was sold for 45,000 at a loss of 20,000.
(iv) Equity share capital was issued for cash at par.
(v) Debentures were redeemed at a premium of 10%.
The solution of Question No 54 Chapter 8 – UNIMAX Class 12 Part 2 – 2021: –
Orange Ltd. cash flow statement
| Particulars | Rs. | Rs. |
| (A) Cash flow from operating activities | ||
| Net profit as per reserves and surpluses | 2,56,000 | |
| Add: non-cash expenses | ||
| Loss on sale of machine 20,000 | ||
| Int. on debentures 20,000 | ||
| Accumulated depreciation 80,000 | ||
| Dividend 45,000 | ||
| Operating profit before working capital charges | 1,65,000 | |
| Less: increase in current assets | ||
| Stock (15,000) | ||
| Account receivable (17,000) | ||
| Decrease in current liabilities | ||
| Account payable (6,000) | ||
| Outstanding expenses (5000) | (43000) | (43000) |
| Cash provided by operating activities | 3,78,000 | |
| (B) Cash flow from investing activities | ||
| Sale of machinery | 45,000 | |
| Purchase of equipment | (4,00,000) | |
| Cash used in investing activities | (3,55,000) | |
| (C) Cash flow from financing activities | ||
| Int. on debentures | 20,000 | |
| Issue of share capital | 2,00,000 | |
| Payment on dividend | (45,000) | |
| Redemption of debentures | (1,10,000) | |
| Cash flow from financing activities | 25,000 | |
| Net increase in cash & cash equivalents | 48,000 | |
| Opening cash balance | 47,000 | |
| Closing cash balance | 95,000 |
Working notes:
Fixed assets A/C
| Particulars | ₹ | Particulars | ₹ |
| To fixed assets a/c (dep. on machinery sold) | 1,40,000 | By balance b/d | 3,00,000 |
| To balance b/d | 2,40,000 | By profit % loss a/c (dep. charged) (B.F) | 80,000 |
| 3,80,000 | 3,80,000 |
End of Solution
Check Out the Solution of all questions for this chapter:
The solution to all questions of Chapter No. 8 – Cash Flow Statement Class 12 Unimax is shown as follows, click on the image of the question to get the solution.
Question No 03 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
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Question No 15 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
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Question No 27 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
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Question No 39 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
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Question No 52 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
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Check out all books for PSEB
1. Comprehensive Solutions for All Chapters of Advanced Accountancy Part 1 Class 12 by Unimax
UnimaxSolutions.in offers a comprehensive solution for students studying Advanced Accountancy Part 1 in Class 12. With their meticulously curated study material, students can access comprehensive solutions to all the questions in each chapter. By selecting the chapter name from the study material, students can easily navigate through the topics and find detailed explanations and step-by-step solutions to the problems presented in that section. Whether it’s understanding complex accounting concepts, mastering calculation techniques, or analyzing financial statements, Unimax provides a valuable resource to aid students in their learning journey. With these comprehensive solutions at their disposal, students can enhance their understanding, clarify doubts, and improve their problem-solving skills in Advanced Accountancy, ensuring they are well-prepared for their Class 12 examinations.
- Chapter No. 1 – Accounts of Non-Profit Organisations
- Chapter No. 2 – Partnership Accounts – I (Basic Concepts)
- Chapter No. 3 – Partnership Accounts – II (Goodwill)
- Chapter No. 4 – Partnership Accounts – III (Change in Profit Sharing Ratio among Existing Partners)
- Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner)
- Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner)
- Chapter No. 7 – Partnership Accounts – VI (Dissolution of Partnership Firm)
2. Comprehensive Solutions for All Chapters of Advanced Accountancy Part 2 Class 12 by Unimax
UnimaxSolutions.in presents an exceptional resource for students studying Advanced Accountancy Part 2 in Class 12. With their comprehensive study material, students can conveniently access extensive solutions to all the questions in each chapter. By simply selecting the desired chapter from the study material, students can effortlessly navigate through the topics and gain access to detailed explanations and step-by-step solutions to every problem presented in that particular section. Whether it involves understanding intricate accounting principles, honing calculation techniques, or analyzing complex financial statements, Unimax provides a valuable tool to support students in their learning journey. Equipped with these comprehensive solutions, students can enhance their comprehension, resolve any uncertainties, and strengthen their problem-solving abilities in Advanced Accountancy, empowering them to excel in their Class 12 examinations with confidence.
- Chapter No. 1 – Company Accounts (Share Capital)
- Chapter No. 2 – Issue of Debentures
- Chapter No. 3 – Redemption of Debentures
- Chapter No. 4 – Financial Statements of a Company (Balance Sheet Only)
- Chapter No. 5 -Financial Statement Analysis
- Chapter No. 6 – Tools/Methods of Financial Analysis
- Chapter No. 7 – Ratio Analysis
- Chapter No. 8 – Cash Flow Statement
Punjab School Education Board (PSEB) Solutions of Usha Publication.
If you’re a student enrolled in the Punjab School Education Board Class 12, exploring a wide range of books to cover the syllabus thoroughly is essential. While the prescribed textbooks are undoubtedly valuable, supplementing your studies with additional resources can enhance your understanding and knowledge. Consider checking out other books that align with the curriculum, offering different perspectives and insights on the subjects you’re studying. These supplementary materials can provide you with alternative explanations, practice questions, and examples that may aid in clarifying complex concepts. Moreover, exploring diverse sources can expose you to various writing styles and viewpoints, fostering a broader understanding of the subjects. So, seize the opportunity to expand your learning by delving into other books that can complement your studies and contribute to your academic growth.
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