Read TS Grewal Accountancy Class 12 Solution Chapter 5 Cash Flow Statment 2022-23. Students should study TS Grewal Solutions Class 12 Accountancy available on Studiestoday.com with solved questions and answers. These chapter-wise answers for class 12 Accountancy have been prepared by the teacher of Grade 12. These TS Grewal class 12 Solutions have been designed as per the latest accountancy syllabus for class 12 and if practiced thoroughly can help you to score good marks in standard 12 Accounts class tests and examinations.
Class 12 Accounts Chapter 5 Cash Flow Statment TS Grewal Solutions
TS Grewal Solutions for Chapter 5 Cash Flow Statment Class 12 Accounts have been provided below based on the latest TS Grewal Class 12 book. The answers have been prepared based on the latest 2022-2023 book for the current academic year. TS Grewal Solutions Class 12 will help students to improve their concepts and easily solve accountancy questions for class 12. Class 12 Grewal solutions should be revised regularly as more practice will help you get a better rank and easily solve more questions.
Chapter 5 Cash Flow Statment TS Grewal Class 12 Solutions
Question 5. Following are the extracts from the Balance Sheet of MAH Ltd. as at 31st March, 2019:
Additional Information: Proposed Dividend for the years ended 31st March, 2018 and 2019 are Rs. 4,00,000 and Rs. 5,00,000 respectively. Prepare the Note to show Net Profit before Tax and Extraordinary Items.
Answer:
Following is the Note to show Net Profit before Tax and Extraordinary items of MAH Ltd. for the year ended 31st March.
Question 6. Following is the extract from the Balance Sheet of Zee Ltd.:
Additional Information:
(i) Proposed dividend on equity shares for the year 2017-18 and 2018-19 are Rs. 1,60,000 and Rs. 2,00,000 respectively.
(ii) An Interim Dividend of Rs. 40,000 on Equity Shares was paid.
Calculate Net Profit before Tax and Extraordinary Items.
Answer:
Following is the Note to show Net Profit before Tax and Extraordinary items of Zee Ltd. for the year ended 31st March.
Question 7. Calculate Net Profit before Tax and Extraordinary Items of Premier Sales Ltd. from its Balance Sheet as at 31st March, 2019:
Additional Information:
(i) Proposed Dividend for the years ended 31st March, 2018 and 2019 are Rs. 50,000 and Rs. 75,000 respectively.
(ii) Interim Dividend paid during the year was Rs. 10,000.
Answer:
Following is the Note to show Net Profit before Tax and Extraordinary items of Premier Sales Ltd. for the year ended 31st March.
Question 8. From the following information, calculate Net Profit before Tax and Extraordinary Items:
Answer:
Following is the Note to show Net Profit before Tax and Extraordinary items of
Question 9. From the following information, calculate Operating Profit before Working Capital Charges:
Answer:
Calculation of the Opening Profit before Working Capital Change
Question 10. From the following Balance Sheet of Double Tree Ltd. as at 31st March, 2019 and additional information, calculate Operating Profit before Working Capital Changes:
Additional Information: Depreciation for the year was Rs. 75,000.
Answer:
Calculate of the Operating Profit before Working Capital Changes of Double Tree Ltd. for the year ended 31st March
Question 11. Calculate Cash Flow from Operating Activities from the following details:
Answer:
Question 12. Calculate Cash Flow from Operating Activities from the following details:
Answer:
Question 13. Calculate Cash Flow from Operating Activities from the following:
Answer:
Question 14. Grand Hospitality Ltd., reported Net Profit after Tax of Rs. 6,40,000 for the year ended 31st March, 2019. The relevant extract from Balance Sheet as at 31st March, 2019 is:
Depreciation charged on Plant and Machinery Rs. 55,000, insurance claim received Rs. 50,000, gain (profit) on sale of investment Rs. 20,000 appeared in the Statement of Profit and Loss for the year ended 31st March, 2019. Calculate Cash Flow from Operating Activities.
Answer:
Question 15. Calculate Cash Flow from Operating Activities from the following information:
Answer:
Question 16. Following information is related to ABC Ltd.:
Answer:
Point of Knowledge:-
Alternate Method (Direct Method)
Question 17. Compute Cash Flow from Operating Activities from the following:
An asset costing Rs. 40,000 having book value of Rs. 28,000 was sold for Rs. 36,000.
Answer:
Question 18. Charles Ltd. earned a profit of Rs. 1,00,000 after charging depreciation of 20,000 on assets and a transfer to General Reserve of Rs. 30,000. Goodwill amortised was Rs. 7,000, and gain on sale of machinery was Rs. 3,000. Other information available is (changes in the value of Current Assets and Current Liabilities): trade receivables showed an increase of Rs. 3,000; trade payables an increase of Rs. 6,000; Prepaid expenses an increase of Rs. 200; and outstanding expenses a decrease of Rs. 2,000.
Ascertain Cash Flow from Operating Activities.
Answer:
Question 19. Compute Cash Flow from Operating Activities from the following:
(i) Profit for the year ended 31st March, 2019 is Rs. 10,000 after providing for depreciation of Rs. 2,000.
(ii) Current Assets and Current Liabilities of the business for the year ended 31st March, 2018 and 2019 are as follows:
Answer:
Question 20. Calculate Cash Flow from Operating Activities from the following information:
Answer:
