Cash Flow Statement (CBSE Class-12 Accountancy): Questions 7 - 10 of 10

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Question number: 7

» Cash Flow Statement

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Dividend paid by a manufacturing company is under which activity in cash flow statement?

Question number: 8

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X Ltd. made a profit of Rs. 1, 00, 000/- after charging depreciation of Rs. 20, 000/- on assets and a transfer to General Reserve of Rs. 30, 000/-. The Goodwill written off was Rs. 7, 000/- and the gain on sale of machinery was Rs. 3, 000/-. The other information available to you (changes in the value of current assets and current liabilities) is as follows:

At the end of the year Debtors showed an increase of Rs. 6, 000/-, creditors an increase of Rs. 10, 000/-, prepaid expenses an increase of Rs. 200/-, Bills Receivable a decrease of Rs. 3, 000/-, Bills Payable a decrease of Rs. 4, 000/- and outstanding expenses a decrease of Rs. 2, 000/-. Ascertain the cash flow from the operating activities.

Question number: 9

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How are the various activities classified according to AS-3 (Revised) while preparing the Cash Flow Statement?

Question number: 10

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what is cash flow statement?

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