P2 C6 CASH FLOW STATEMENT - Gujarat Board (GSEB) STD 12 Commerce Elements of Account Questions

From the following transactions, identify transactions of financing activities:
$(i)$ Sale of machine
$(ii)$ Redemption of preference Share capital
$(iii)$ Dividend paid
$(iv)$ Interest paid
$(v)$ Dividend received
$(vi)$ Borrowed bank overdraft
$(vii)$ Purchase of investments
$(viii)$ Issue of new equity shares
$(ix)$ Interim dividend paid
$(x)$ Interest received
$(xi)$ Borrowed bank loan
$(xii)$ Commission received

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Q 123 Marks Each3 Marks

From the following transactions, identify transactions of investing activities:
$(i)$ Salary paid
$(ii)$ Rent paid
$(iii)$ Purchase of investments
$(iv)$ Sales of land
$(v)$ Prucase of building
$(vi)$ Interest received on investments
$(vii)$ Sale of furniture
$(viii)$Collection from debtors
$(ix)$ Payment to creditors
$(x)$ Issue of equity shares
$(xi)$ Redemption of debentures
$(xii)$ Dividend received on investments

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Q 133 Marks Each3 Marks

From the following transactions, identify transactions of operating activities :
$(i)$ Wages paid
$(ii)$ Purchase of building
$(iii)$ Sale of furniture
$(iv)$ Payment to creditors
$(v)$ Dividend paid
$(vi)$ Rent paid
$(vii)$ Office expenses paid
$(viii)$ Sales – distribution expenses paid
$(ix)$ Carriage inward
$(x)$ Carriage outward
$(xi)$ Royalty paid
$(xii)$ Income tax

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Q 143 Marks Each3 Marks

Explain cash flow from operating transactions of non-finance companies and finance companies.

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Q 153 Marks Each3 Marks

From the following information calculate cash flow from financing activities:

Particulars	$31-3-2017(Rs.)$	$31-3-2016(Rs.)$
$10\%$ Debentures	$2,45,000$	$1,95,000$
Equity share capital	$3,45,000$	$2,50,000$
$12\%$ Debentures	$1,00,000$	$1,50,000$
Preference share capital	$80,000$	$1,00,000$
Bank overdraft	$45,000$	$68,000$

Additional information:
$(1)$ Debenture interest paid $Rs. 12,000.$
$(2)$ Paid $Rs. 22,000$ for equity share dividend and preference share dividend.
$(3)$ Paid bank overdraft $Rs. 4,000$

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Q 164 Marks Each4 Marks

$(1)$ Prepare a statement of cash flows from operations based on the following details of India Company:

particuls	$₹$
Profit before changes in working capital	$4,95,000$
Increase in debtors	$75,000$
Decrease in accounts receivable	$40,000$
Decrease in stock	$30,000$
Increase in prepaid expenses Decrease in payable $($increase$)$ creditors	$25,000$
Increase in prepaid expenses Decrease in payable $($increase$)$ creditors	$15,000$
Increase in prepaid expenses Decrease in payable $($increase$)$ creditors	$20,000$

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Q 174 Marks Each4 Marks

From the following information of Gaurang Company, prepare statement of cash flow

from operating activities.

Profit before changes in working capital $₹ 4,95,000;$ increase in debtors $₹ 75,000;$ decrease in

bills receivables $₹ 40,000;$ decrease in stock $₹ 30,000;$ increase in prepaid expenses $₹ 25,000;$ outstanding

expenses $($increase$) ₹ 15,000;$ decrease in creditors $₹ 20,000.$

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Q 184 Marks Each4 Marks

From the following details of chirag company compute cash flow from operating activities.

Particulars	$(₹)$
Profit of current year	$3,20,000$
Taxation provision	$30,000$
Proposed dividend	$60,000$
Goodwill written off	$35,000$
Depreciation charged	$47,000$
Loss on sale of asset	$43,000$
Rent received	$45,000$
Dividend received	$65,000$
Increase in current assets	$1,00,000$
Decrease in current liabilities	$90,000$