10/16/23, 6:32 PM Exam Automation

EDUNIQUE TUTORIALS
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Worksheet Name: Cash Flow Standard: 12th Commerce Subject: Accountancy

Q1. From the following Balance Sheets of XLtd., you are required to prepare Cash Flow Statement.

Notes:
1. Short-term Borrowings: 31.3.2018 31.3.2017
Bank Overdraft 88,000 66,000
2. Short-term Provision
Taxation Provision 34,000 26,000
3 Tangible Assets:
Land 1,50,000 2,00,000
Plant 2,25,000 3,00,000
3,75,000 5,00,000

Additional Information:
1. Interim Dividend paid during the year ₹ 60,000
2. Land was sold at a profit of ₹ 30,000
3. Plant costing ₹ 20,000 was sold during the year at a loss of ₹ 8,000.

Q2. From the following Balance Sheets of Enclotek Ltd. as at 31st March and the additional information provided, calculate:
1. Cash from 'Operating Activities'
2. Cash from 'Financing Activities':

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Notes:

Additional Information:
1. Depreciation provided on Fixed Assets ₹ 60,000.
2. Preference shares were redeemed at a premium of 5% on 31st March, 2018.
3. Additional debentures were issued on 1st October, 2017.
4. Proposed dividend on equity share capital for previous year ended 31st March, 2017 was paid @ 8%.

Q3. Following are the Balance Sheets of Quick Gains Ltd.

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Notes:

Additional Information:
1. Contingent Liability 31st March, 2018 31st March, 2017
₹ ₹
Proposed Dividend 28,000 20,000
2. Interest paid on long-term borrowings amounted to ₹ 8,000.

You are required to prepare a Cash-Flow Statement.

Q4. From the following Balance Sheets of EF Ltd. as at 31-3-2018 and 31-3-2017 prepare a Cash-Flow Statement:

Notes:

Additional Information:
During the year machine costing ₹ 50,000 was sold for ₹ 15,000.
Interim dividend paid on equity share capital ₹ 20,000.
During the year machine costing ₹ 50,000 was sold for ₹ 15,000 and dividend paid ₹20,000.

Q5. From the following information, calculate Cash Flow from Operating Activities:

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1. A piece of machinery costing ₹ 50,000 on which depreciation of ₹ 20,000 had been charged was old for ₹ 10,000.
Depreciation charged during the year was ₹ 18,000.
2. Income Tax ₹ 23,000 was paid during the year.
3. Interim Dividend paid during the year was ₹ 36,000.

Q6. Following are the Balance Sheet of XY Ltd. as at 31st March, 2018 and 2017:

Notes:

Additional Information:
Contingent Liability: 31.3.2018 31.3.2017
₹ ₹
Proposed Dividend 20,200 11,200

You are required to prepare a Cash Flow Statement

Q7. Prepare a Cash-Flow Statement from the following Balance Sheets of Nilgiri Tea Ltd.

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Notes:

Interest paid on debentures amounted to ₹ 9,000.

Q8. Prepare a Cash Flow Statement on the basis of the information given in the Balance Sheets of P.S. Ltd. as at 31st March
2018 and 2017:

Notes:

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Debentures amounting to ₹ 20,000 were redeemed on 31st Dec., 2017. Interest on debentures has been paid regularly.

Q9. From the following information, Calculate:

Additional Information:
1. During the year a machine costing ₹ 1,50,000 was sold at a loss of ₹ 44,000. Depreciation on Plant & Machinery
charged during the year amounted to ₹ 80,000.
2. Interest paid on Bank Overdraft amounted to ₹ 28,000.
3. Debentures were redeemed on 1st October 2017 at a premium of 4%.

Q10. The Balance Sheets of X Ltd. as at 31st March 2018 and 31st March 2017 were as follows:

Notes:

Additional Information:
1. Contingent Liability: 31.3.2018 31.3.2017
₹ ₹
Proposed Dividend 72,000 60,000
2. Depreciation charged during the year on Plant & Machinery amounted to ₹ 80,000.

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3. Machinery costing ₹ 80,000 (book value ₹ 30,000) was sold at a loss of 40% on book value.

Prepare Cash Flow Statement .

Q11. Prepare a Cash-Flow Statement from the information given below:

Q12. Following are the Balance Sheets of Krishtec Ltd. as at 31st March 2018 and 2017:

Prepare a Cash Flow Statement after taking into account the following adjustments:
1. The company paid interest ₹ 36,000 on its long term borrowings.
2. Depreciation charged on tangible fixed assets was ₹ 1,20,000.

Q13. From the following informations, prepare a Cash-Flow Statement:

Additional Information:

Q14. Following are the Balance Sheets of 'X' Co. Ltd.

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Notes:

A machine costing ₹ 40,000 having book value of ₹ 25,000 was sold for ₹ 35,000 during the year. Interest paid on loan
from bank amounted to ₹ 8,000. Prepare a Cash-Flow Statement.

Q15. From the following Balance Sheets, prepare a Cash Flow Statement as per AS-3 (revised):

A dividend of ₹ 30,000 was paid during the year 2017-18.

Q16. From the following Balance Sheets of Samta Ltd. as at 31.3.2018 and 31.3.2017 prepare a Cash Flow Statement:

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Additional Information:
1.Contingent Liability: 31.3.2018 31.3.2017
₹ ₹
Proposed Dividend 2,00,000 1,00,000
2.During the year ₹ 80,000 depreciation was charged on fixed tangible assets.
A piece of machinery included in fixed tangible assets costing ₹ 20,000 on which depreciation charged wa
3.
s ₹ 8,000, was sold fort ₹ 10,000.

Q17. Prepare a Cash Flow Statement from the following Balance Sheet:

Note:

Additional Information:
An old machinery having book value of ₹ 42,000 was sold for ₹ 56,000.
Depreciation provided on machinery during the year was ₹ 28,000.

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