Advertisements
Advertisements
प्रश्न
Calculate Cash Flow from Investing Activities from the following information:
|
Particular |
31st March, (₹) |
31st March, |
| Investment in Land |
3,00,000 |
3,00,000 |
| Shares in Damodar Ltd. | 1,50,000 | 1,50,000 |
| 12% Long-term Investments | 80,000 | 50,000 |
| Plant and Machinery | 7,50,000 | 6,00,000 |
| Patents | 70,000 | 1,00,000 |
| Goodwill |
1,50,000 |
1,00,000 |
Additional Information:
1. A piece of land was purchased as an investment out of surplus. It was let out for commercial purpose and the rent received was ₹ 20,000.
2. Dividend received from Damodar Ltd. @ 12%.
3. Patents written off to the extent of ₹ 20,000. Some patents were sold at a profit of ₹ 10,000.
4. A machine costing ₹ 80,000 (depreciation provided thereon ₹ 30,000) was sold for ₹ 35,000. Depreciation charged during the year was ₹ 70,000.
5. During the year 12% investments were purchased for ₹ 1,00,000 and some investments were sold at a profit of ₹ 10,000. Interest on investments for the year was duly received.
उत्तर
|
Cash Flow from Investing Activities |
|||
|
|
Particulars |
Amount (₹) |
Amount (₹) |
|
|
Purchase of Plant and Machinery |
(2,70,000) |
|
|
|
Purchase of Investment |
(1,00,000) |
|
|
|
Purchase of Goodwill |
(50,000) |
|
|
|
Rent Received |
20,000 |
|
|
|
Dividend Received |
18,000 |
|
|
|
Sale of Plant and Machinery |
35,000 |
|
|
|
Sale of Investment |
80,000 |
|
|
|
Interest on Investments |
6,000 |
|
|
|
Sale of Patents |
20,000 |
|
|
|
Net Cash Used in Investing Activities |
|
(2,41,000) |
Working Notes:
WN1: Computation of Interest on Investments
Interest on 12% Long-term Investments = `(50,000 xx 12/100) = 6,000`
WN2
|
Patents Account |
|||
|
Dr. |
Cr. |
||
|
Particulars |
Amount (₹) |
Particulars |
Amount (₹) |
|
Balance b/d |
1,00,000 |
Profit and Loss A/c (Written-off) |
20,000 |
|
Profit and Loss A/c (Profit on Sale) |
10,000 |
Bank A/c (Sale- Bal. Fig.) |
20,000 |
|
|
|
Balance c/d |
70,000 |
|
|
1,10,000 |
|
1,10,000 |
WN3
|
12% Long-Term Investments Account |
|||
|
Dr. |
Cr. |
||
|
Particulars |
Amount (₹) |
Particulars |
Amount (₹) |
|
Balance b/d |
50,000 |
Bank A/c (Sale- Bal. Fig.) |
80,000 |
|
Bank A/c (Purchase) |
1,00,000 |
Balance c/d |
80,000 |
|
Profit and Loss A/c (Profit on Sale) |
10,000 |
|
|
|
|
1,60,000 |
|
1,60,000 |
WN3
|
Plant and Machinery Account |
|||
|
Dr. |
Cr. |
||
|
Particulars |
Amount (₹) |
Particulars |
Amount (₹) |
|
Balance b/d |
6,00,000 |
Depreciation A/c |
70,000 |
|
Bank A/c (Purchase- Bal. Fig.) |
2,70,000 |
Bank A/c (Sale) |
35,000 |
|
|
|
Profit and Loss A/c (Loss on Sale) |
15,000 |
|
|
|
Balance c/d |
7,50,000 |
|
|
8,70,000 |
|
8,70,000 |
APPEARS IN
संबंधित प्रश्न
Following is the extract from the Balance Sheet of Zee Ltd.
| Particular | 31st March 2019 (₹) |
31st March 2018 (₹) |
| Equity Share Capital | 8,00,000 | 8,00,000 |
| 10% Preference Share Capital | 6,00,000 | 6,00,000 |
| Surplus i.e., Balance in Statement of Profit and Loss | 7,20,000 | 4,00,000 |
| Unpaid Dividend | 20,000 | − |
Additional Information:
- Proposed dividends on equity shares for the years 2017-18 and 2018-19 are ₹ 1,60,000 and ₹ 2,00,000, respectively.
- An Interim Dividend of ₹ 40,000 on Equity Shares was paid.
Calculate Net Profit before Tax and Extraordinary Items.
Calculate Net Profit before Tax and Extraordinary Items of Premier Sales Ltd. from its Balance Sheet as at 31st March, 2019:
|
Particulars |
Note No. |
31st March, 2019 (₹) |
31st March, 2018 (₹) |
| I. EQUITY AND LIABILITIES | |||
| 1. Shareholders' Funds: | |||
| (a) Share Capital | 5,00,000 | 5,00,000 | |
| (b) Reserves and Surplus (Surplus, i.e.,Balance in Statement of Profit and Loss) |
2,00,000 | 1,45,000 | |
| 2. Current Liabilities: | |||
| (a) Trade Payables | 90,000 | 50,000 | |
| (b) Other Current Liabilities | 20,000 | 10,000 | |
| (c) Short-term Provisions | 1 | 50,000 | 30,000 |
| Total | 8,60,000 | 7,35,000 | |
| II. ASSETS | |||
| 1. Non-Current Assets: | |||
| (a) Fixed Assets | 4,50,000 | 4,00,000 | |
| (b) Non-Current Investments | 50,000 | 1,50,000 | |
| 2. Current Assets: | 2,60,000 | 1,85,000 | |
| Total | 8,60,000 | 7,35,000 |
Notes to Accounts:
| Particulars | 31st March, 2019 (₹) |
31st March, 2018 (₹) |
| I. Short-term Provisions: | ||
| Provision for Tax | 50,000 | 30,000 |
Additional Information:
(i) Proposed Dividend for the years ended 31st March 2018 and 2019 are ₹ 50,000 and ₹ 75,000 respectively.
(ii) Interim Dividend paid during the year was ₹ 10,000.
Grand Hospitality Ltd., reported Net Profit after Tax of ₹ 6,40,000 for the year ended 31st March, 2019. The relevant extract from Balance Sheet as at 31st March, 2019 is:
|
Particulars |
31st March, 2019 (₹) | 31st March, 2018 (₹) |
| Inventories | 1,15,000 | 1,25,000 |
| Trade Receivables | 1,50,000 | 1,10,000 |
| Prepaid Expenses | 20,000 | 6,000 |
| Trade Payables | 1,10,000 | 80,000 |
| Provision for Tax | 20,000 | 15,000 |
Depreciation charged on Plant and Machinery ₹ 55,000, insurance claim received ₹ 50,000, gain (profit) on sale of investment ₹ 20,000 appeared in the Statement of Profit and Loss for the year ended 31st March, 2019. Calculate Cash Flow from Operating Activities.
Calculate Cash Flow from Operating Activities from the following information.
|
Particular |
31st March 2017 (Rs) |
| Net Profit (Difference between Closing and Opening Balance of Surplus, i.e., Balance in Statement of Profit and Loss) |
8,00,000 |
| Final Dividend paid in the year | 1,10,000 |
| Compensation for Natural Disaster credited to Statement of Profit and Loss | 75,000 |
| Depreciation | 1,50,000 |
| Loss on Sale of Investment | 30,000 |
| Gain (Profit) on Sale of Land | 90,000 |
| Provision for Tax | 1,10,000 |
| Dividend Received | 20,000 |
| Decrease in Current Assets (Other than Cash and Cash Equivalents) | 40,000 |
| Increase in Current Liablilities | 70,000 |
| Decrease in Current Liabilities | 10,000 |
| Increase in Current Assets (Other than Cash and Cash Equivalents) | 60,000 |
| Income Tax Refund | 10,000 |
| Income Tax Paid |
1,20,000 |
Mars Ltd. has Plant and Machinery whose written down value on 1st April, 2017 was ₹9,60,000 and on 31st March, 2018 was ₹10,50,000. Depreciation for the year was ₹35,000. In the beginning of the year, a part of plant was sold for ₹45,000 which had a written down value of ₹30,000.
Calculate Cash Flow from Investing Activities
From the following details. Calculate Cash Flow from Investing Activities
|
Particulars |
31st March, 2019 (₹) |
31st March, 2018 (₹) |
| Investment in 10% Debentures | 10,00,000 | 5,00,000 |
| Land and Building | 15,00,000 | 9,00,000 |
Additional Information:
1. Half of the investment held in the beginning of the year were sold at 10% profit.
2. Depreciation on Land and Building was ₹ 50,000 for the year.
3. Interest received on investments ₹ 75,000.
From the following information, calculate Cash Flow from Investing Activities:
| ₹ | ₹ | ||
| Purchase of Machine | 2,50,000 | Purchase of Investments | 1,60,000 |
| Purchase of Goodwill | 1,00,000 | Sale of Patents | 40,000 |
| Sale of Machine | 35,000 | Interest and Dividend Received | 10,000 |
| Sale of Investment | 50,000 |
A building was purchased as investment out of surplus which was let out for commercial purposes.
Rent Received ₹20,000.
From the following information, calculate Cash Flow from Investing Activities
|
Particular |
31st March, (₹) |
31st March, |
| Plant and Machinery | 10,00,000 | 8,50,000 |
| Investment (Long-term) | 1,00,000 | 40,000 |
| Land (At Cost) |
1,00,000 |
2,00,000 |
Additional Information:
1. Depreciation charged on Plant and Machinery ₹ 50,000.
2. Plant and Machinery with a Book Value of ₹ 60,000 was sold for ₹ 40,000.
3. Land was sold at a profit of ₹ 60,000.
4. No investment was sold during the year.
From the following extracts of a company, calculate Cash Flow from Investing Activities:
|
Particular |
31st March, 2019 (₹) |
31st March, 2018 (₹) |
| Goodwill |
75,000 |
1,00,000 |
| Patents | 1,00,000 | 75,000 |
| Land | 90,000 | 1,00,000 |
| Furniture | 2,46,000 | 21,000 |
| Plant and Machinery (Net) | 2,00,000 | 2,00,000 |
| 10% Investments | 1,80,000 | 2,00,000 |
| Accrued Interest on Investments |
6,000 |
... |
From the following information, calculate Cash Flow from Investing Activities:
|
Particulars |
31st March, 2019 (₹) |
31st March, 2018 (₹) |
| Machinery (At cost) | 5,50,000 | 5,00,000 |
| Accumulated Depreciation | 1,70,000 | 1,00,000 |
During the year, a machinery costing ₹ 50,000 (accumulated depreciation provided thereon ₹ 20,000) was sold for ₹ 26,000.
From the following particulars, calculate Cash Flow from Investing Activities
|
Particulars |
Purchased (₹) | Sold (₹) |
| Machinery | 6,20,000 | 2,00,000 |
| Investments | 2,40,000 | 80,000 |
| Goodwill | 1,00,000 | ... |
| Patents | ... | 1,50,000 |
Additional Information:
1. Interest received on debentures held as investment ₹ 8,000.
2. Interest paid on debentures issued ₹ 20,000.
3. Dividend received on shares held as investment ₹ 20,000.
4. Dividend paid on Equity Share Capital ₹ 30,000.
5. A plot of land was purchased out of the surplus funds for investment purposes and was let out for commercial use. Rent received ₹ 50,000 during the year.
From the following information, calculate Cash Flow from Financing Activities:
| 1st April, 2018 (₹) |
31st March, 2019 (₹) |
|
| Long-term Loan | 2,00,000 | 2,50,000 |
During the year, the company repaid a loan of ₹1,00,000.
From the following information, calculate Cash Flow from Financing Activities:
|
Particulars |
31st March, (₹) |
31st March, |
| Equity Share Capital |
10,00,000 |
9,00,000 |
| Securities Premium Reserve | 2,60,000 | 2,50,000 |
| 12% Debentures |
1,00,000 |
1,50,000 |
Additional Information:
Interest paid on debentures ₹ 18,000.
Read the following hypothetical text and answer the question given below on the basis of the same:
Aditi, initiated her start-up Fizz Ltd. in 2019, ‘Fizz Ltd. is an organic juice extracting unit. Its profits are increasing year-after-year because of the increasing awareness towards health.
Following information has been extracted from the Balance Sheet of ‘Fizz Ltd.” for the year ended 31" March, 2022:
| 31st March, 2022 | 31st March, 2021 | |
| Equity Share Capital | 90,00,000 | 60,00,000 |
| 11 % Debentures | 30,00,000 | 50,00,000 |
| Machinery (at cost) | 28,00,000 | 20,00,000 |
| Accumulated Depreciation on Machinery | 90,000 | 60,000 |
Additional Information:
- During the year, a machine costing ₹ 4,00,000 was sold at a gain of ₹ 30,000.
- Depreciation charged on machinery during the year was ₹ 50,000.
- Interest paid on 11% debentures amounted at ₹ 5,50,000.
- Dividend of ₹ 3,00,000 was paid on equity shares.
- Debentures were redeemed at a premium of 10% on 31st March,2022.
Calculate cash flows of 'Fizz Ltd.' from 'Investing Activities' and 'Financing Activities.
