Cash Flow Statement (CBSE Class-12 Accountancy): Questions 1 - 6 of 10

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Question number: 1

» Cash Flow Statement

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Determine the activities classified under cash flow statement.

Question number: 2

» Cash Flow Statement

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Give the objectives of Cash flow statement.

Question number: 3

» Cash Flow Statement

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Can a company issue share of discount? What conditions must a company comply with before the issue of such shares.

Question number: 4

» Cash Flow Statement

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State whether the payment of cash to creditors will result in inflow, outflow or no flow of cash.

Question number: 5

» Cash Flow Statement

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Dividend bu a manufacturing company is classified under which kind of activity while preparing the Cash Flow Statement.

Question number: 6

» Cash Flow Statement

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From the following Balance Sheets of Som Ltd. as on 31.3. 2006 and 31.3. 2007 prepare a Cash Flow Statement:

Balance Sheets of Som Ltd. as on 31.3. 2006 and 31.3. 2007

shows available balance of assets and liabilities

Liabilities

Amount 2006

Amount 2007

Assets

Amount 2006

Amount 2007

Equity Share Capital

2, 00, 000

5, 00, 000

Fixed Assets

3, 00, 000

4, 50, 000

Profit and Loss

1, 25, 000

25, 000

Stock

1, 00, 000

1, 50, 000

10 % Debentures

1, 00, 000

75, 000

Debtors

75, 000

1, 25, 000

8 % Preference Shares Capital

50, 000

75, 000

Bank

45, 000

65, 000

General Reserve

45, 000

1, 15, 000

5, 20, 000

7, 90, 000

5, 20, 000

7, 90, 000

During the year machine costing Rs. 70, 000 was sold for Rs. 15, 000. Dividend paid Rs. 24, 000

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