Meritnation.com gives its users access to a profuse supply of TS Grewal-II (2019) questions and their solutions. From the following information, calculate Cash Flow from Financing Activities: During the year, the company repaid a loan of ₹1,00,000. It’s a great book as all concepts which are important to build up a base for commerce accountancy students have been explained in a step by step manner in the book. The rofits were included in the Statement of Profit and Loss. Grewal's Double Entry Book Keeping: Accounting for Not-for-Profit Organizations and Partnership Firms (Volume 1) Textbook for CBSE Class 12 (2020-21 Session), Solutions for T.S. (c) Purchase of machinery for cash. Analysis Of Financial Statements Ts Grewal 2019 Solutions for Class 12 Commerce Accountancy Chapter 5 Cash Flow Statement are provided here with simple step-by-step explanations. A piece of land was purchased as an investment out of surplus. From the following Balance Sheet of JY Ltd. as at 31st March 2017, prepare a Cash Flow Statement: Proposed Dividend for the years ended 31st March, 2016 and 2017 are ₹ 50,000 and ₹ 75,000 respectively. From the following Balance Sheet of Kumar Ltd. as at 31st March, 2019, prepare Cash Flow Statement. It was let out for commercial purpose and the rent received was ₹ 20,000.2. Dividend received from Damodar Ltd. @ 12%.3. Class 12 Accountancy Revision Notes Chapter 5 Cash flow statement Meaning: It is a statement that shows flow (Inflow or outflow) of cash and cash equivalents during a given period of time. Keep yourself updated with all latest news and also read articles from teachers which will help you to improve your studies, increase motivation level and promote faster learning. Grewal's Solutions for all books for CBSE Class 12. NCERT Solutions for Class 12 Accountancy Part II Chapter 6 Cash Flow Statement. Interim Dividend paid during the year was ₹ 9,000.3. 12% Debentures of face value ₹ 1,00,000 were issued on 31st March, 2019. 1. 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. Other information available is (changes in the value of Current Assets and Current Liabilities): trade receivables showed an increase of ₹ 3,000; trade payables an increase of ₹ 6,000; Prepaid expenses an increase of ₹ 200; and outstanding expenses a decrease of ₹ 2,000.Ascertain Cash Flow from Operating Activities. As per Accounting Standard-3 (Revised) the changes resulting in the flow of cash & cash equivalent arises on account of three types of activities i.e., TS Grewal Solutions Class 12 Account Volume 3 2018 Part 2 PDF Download Students will not face any difficulty as TS Grewal solution has been written in very easy language. 2. They will all give just one name which is Accountancy book by Mr TS Grewal. During the year,XYZ Ltd. issued bonus shares in the ratio of 5 : 1 by captialising reserve. (i) An old machinery having book value of ₹50,000 was sold for ₹60,000. A machine costing ₹ 80,000 (depreciation provided thereon ₹ 30,000) was sold for ₹ 35,000. Proposed Dividend for the year ended 31st March, 2019 was ₹ 25,000 and for the year ended 31st March, 2018 was ₹ 14,000. Prepare a Cash Flow Statement on the basis of the information given in the Balance Sheet of Libra Ltd. as at 31st March, 2013 and 31st March 2012: Surplus, i.e., Balance in Statement of Profit and Loss. Provistion for Tax made during the year was ₹ 27,000.3. e) The book strictly follow CBSE Accountancy Syllabus for Class 12 to make sure students are able to properly study for class 12 board exams for Accountancy. T. S. Grewal Solutions for Class 12-commerce Accountancy - Access free T. S. Grewal Solutions for Class 12-commerce Accountancy on TopperLearning. Download latest curriculum with important topics, chapter weightage, topic wise... Download HOTs Questions for Class 12 Accountancy for all important topics in Class 12 Accountancy based on CBSE NCERT syllabus and latest pattern. Get the free view of chapter 4 Cash Flow Statement Class 12 extra questions for Class 12 Accountancy - Analysis of Financial Statements and can use Shaalaa.com to keep it handy for your exam preparation. On comparing it with the Cash Book the following discrepancies were noted: (i) Cheques were paid into the bank in March but were credited in April: That's not true, indeed, if you know how to appreciate the beauty of this app and how to use and get good results in this subject. During a year, a machinery costing ₹ 20,000 was sold for ₹ 6,000. Calculate Cash Flow from Operating Activities. All the Solutions in TS Grewal are clear to comprehend. Chapter 3 Tools of Financial Statement Analysis. Following information is related to ABC Ltd.:STATEMMENT OF PROFIT AND LOSSfor the year ended 31st March, 2019, (b) Change in Inventories of Stock-in-Trade, (c) Depreciation and Amortisation Expenses. During the year, machine costing ₹ 90,000 with accumulated depreciation of ₹ 60,000 was sold for ₹        50,000.2. NCERT Solutions CBSE Sample Papers Accountancy Class 12 Accountancy. 1. Solution: Question 3. From the following Balance Sheet of Young India Ltd., prepare Cash Flow Statement: Druing the year, a piece of machinery costing ₹ 48,000 on which accumulated deprciation was ₹ 32,000. was sold for ₹ 12,000. The Accountancy book of TS Grewal for class 12 students have been really helpful as it has some great features like: a) All chapters and critical topics have been explained in a simple manner, b) Students can refer to the explanations and also sample questions for each chapter which will help them to build stronger concepts. TS Grewal Solutions Class 12 Accountancy Books 2020 2021 edition, TS Grewal Accountancy Solutions for Class 12, TS Grewal Solution Class 12 Chapter 1 Accounting for Partnership Firms Fundamentals (2018 2019), TS Grewal Solution Class 12 Chapter 2 Accounting for Partnership Firms Fundamentals (2019-2020), TS Grewal Solution Class 12 Chapter 2 Goodwill Nature and Valuation (2018 2019), TS Grewal Solution Class 12 Chapter 3 Change in Profit Sharing Ratio (2018 2019), TS Grewal Solution Class 12 Chapter 3 Goodwill Nature and Valuation (2019 2020), TS Grewal Solution Class 12 Chapter 4 Change in Profit Sharing Ratio Among the Existing Partners (2019-2020), TS Grewal Solution Class 12 Chapter 5 Admission of a Partner (2019 2020). TS Grewal Solutions for Class 12 Accountancy – Company Account – Accounting for Share Capital (Volume II) Question 1. During the year, a part of the Fixed Assets costing ₹ 30,000 was sold for ₹ 36,000. Depreciation charged during the year was ₹ 70,000.5. Incase you want to access solutions for previous editions of the book then you are at the right place. Provistion for Tax made during the year was ₹ 27,000. Tax paid during the year ₹ 75,000. Interim Dividend of ₹ 1,00,000 was paid during the year.4. Approx. Depreciation provided on tangible Assets ₹ 60,000;(ii) Income tax ₹ 45,000 was provided;(iii) Additional Debentures were issued at par on 1st October, 2018 and Bank Loan was repaid on the same date;(iv) At the end of the year Preference Shares were redeemed at a premium of 5%. Following are the Balance Sheets of Solar Power Ltd. as at 31st March, 2014 and 2013: Additional Iformation:Druing the year, a piece of machinery costing ₹ 48,000 on which accumulated deprciation was ₹ 32,000. was sold for ₹ 12,000. Premium paid was debited to Statement of Profit and Loss.4. (iv) Preference shares were redeemed at par at the end of the year. (f) Interest paid on borrowings. 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