Ans. 48.State whether ‘depreciation charged by a company’ will result into inflow, outflow or no flow of cash. Delhi 2012) (ii)A piece of machinery included in fixed assets costing Rs 10,000, on which depreciation MCQ Questions for Class 12 Accountancy with Answers, Selina Concise Mathematics Class 10 ICSE Solutions 2020-21, Human Eye and Colourful World Class 10 Extra Questions with Answers Science Chapter 11, Download Social Science Notes PDF for CBSE Class 6 to Class 10 Quick Revision, Science Notes | Quick Revision Notes for CBSE Class 6 to Class 10 Science – Free PDF Download, Download CBSE Maths Notes for 6 to 12 Classes | NCERT Maths Quick Revision Notes for Class 6 to 12 Free PDF, MCQ Questions for Class 11 Economics with Answers Chapter Wise PDF Download, Download All Chapters Social Science NCERT Solutions Pdf for Class 6 to Class 10, Science NCERT Solutions Class 6 to Class 10 Chapterwise Free PDF Download, Downlaod Free NCERT Solutions for Class 6 to Class 12 Maths | NCERT Maths Textbook Solutions PDF, Free Class 11 & Class 12 Chapterwise Physics NCERT Solutions PDF Download, Concise Mathematics Class 10 ICSE Solutions. (i)During the year, machine costing Rs 80,000 was sold for Rs 50,000. Why is a cash flow statement prepared? 17.Under which type of activity will you classify ‘proceeds from sale of investment’ while preparing cash flow statement? 41.When is interest received considered as financing activity? Outflow of cash Purchase of investments. Ans. Cash Flow Statement. Ans. … (Delhi 2012; Modified) Additional Information (i) Cash proceeds from sale of building. 1.Why is specific disclosure of cash flow from financing activities important while preparing cash flow statement? (All India 2008; Modified) (ii)Dividend paid during the year was 10% per annum. Prepare the cash flow statement. (All India 2014) Ans. 6.Cash Flow from Operating Activities Operating activities are the principal revenue producing activities of the enterprise and other activities that are not investing or financing activities. No flow of cash because no cash is involved in this transaction. 19.Give an example of the activity which remains financing activity for every enterprise. 29.State with reason whether ‘withdrawal of cash from bank’ will result into, inflow,outflow or no flow Of cash. Ans. NCERT Solution For Class 12 Accountancy Chapter 6 – Cash Flow Statement provides us with an all-inclusive data to all the concepts. 47.’Dividend paid by a manufacturing company’ is classified under which kind of activity while preparing a cash flow statement? 9.What is meant by ‘cash from operating activities’? (ii)A piece of machinery included in fixed assets costing Rs 20,000 on which depreciation charged was Rs 8,000, was sold for Rs 10,000. 12.Under which type of activity will you classify ‘refund of income tax received’ while preparing the cash flow statement? Ans. Ans. (v)Cash received for interest and dividends (vi) Cash paid for interest (i)Debentures were issued on 1st April, 2011. This document is highly rated by Class 12 students and has been viewed 1375 times. Ans. Prepare the cash flow statement(Delhi 2010 C; All India 2010; Modified) Ans. Prepare the cash flow statement. During the year, a piece of machinery of the book value of Rs 80,000 was sold for Rs 65,000. Proceeds from sale of patents is an investing activity. (All India 2012; Modified) (i)During the year Rs 50,000 depreciation was charged on fixed assets. ‘Deposit of cash into bank’ does not result in cash flow. (All India 2013) Chapter 6 Cash Flow Statement. Download free printable assignments worksheets of Accountancy from CBSE NCERT KVS schools, free pdf of CBSE Class 12 Accountancy Cash Flow Statement Set A chapter wise important exam questions and answers CBSE Class 12 Accountancy Cash Flow Statement Set A. (All India 2010) Ans. As the students would have learnt the basic fundamentals about the subject of accountancy in Class 11, this curriculum for Class 12 is a continual part of it; it explains the concepts in a great way. (ii)Dividend paid during the year was @12% per annum. (All India 2013) Get to the point CBSE Class-12 Class-12 Accountancy questions for your exams. 4.State the purpose or objective of preparing a cash flow statement. Ans. (All India 2011; Modified) NCERT Solutions for Class 12 Accountancy Part 1. (viii) Rent received      (ix) Rent paid. Cash Equivalents Cash equivalents are ‘short-term highly liquid investments that are  readily convertible into known amount of cash and which are subjected to an insignificant risk of change in value’. (Delhi 2009c) (All India 2010) (Delhi 2009; All India 2009) Cash Flow Statement – CBSE Notes for Class 12 Accountancy. There will be no flow of cash because depreciation is a non-cash expense. (v)Profit on sale of machinery Rs 6,000. Copies of these textbooks may be downloaded and used as textbooks or for reference. ‘Dividend received by a financing company’ is classified under operating activity because dividend received is the receipt from principal revenue producing activities of the business. Additional Information Ans. Commission and royalty received is an operating activity. (i) Redemption of debentures. Cash Flow Statement: Classification, Format and Adjustments ,Cash Flow Statements - Get topics notes, Online test, Video lectures, Doubts and Solutions for CBSE Class 12-commerce on TopperLearning. (All India 2011) (i)Based on historical cost principle. It implies movement-in and movement-out of cash and cash equivalents. Separate disclosure of cash flows arising from financing activities is important because it is useful in predicting claims on future cash flows by providers of funds (both capital and borrowings) to the enterprise. (Delhi 2014,2012,2011C; All India 2014,2012) During the year, equipment costing Rs 1,00,000 was purchased. Ans. Two investing activities which result into outflow of cash are: 44.Dividend received by a finance company will come under which activity while preparing a cash flow statement? 54.From the following balance sheet of JN Ltd as on 31st March, 2010 and 2011, prepare a cash flow statement. (Compartment 2014) (Delhi 2011; hots) Additional Information Dec 20,2020 - Chapter 11 - Cash Flow Statements Accountancy Class 12 is created by the best Commerce teachers for Commerce preparation. The NCERT Solutions to the questions after every unit of NCERT textbooks aimed at helping students solving difficult questions. 8.State with reason whether the issue of 9% debentures to the vendors for the purchase of machinery of Rs 50,000 will result into inflow, outflow or no flow of cash. 52.Following is the balance sheet of Wisben Ltd as on 31st March, 2012 ‘Dividend paid by a manufacturing company’ is classified as a financing activity. It will result in outflow of cash. Ans.Two investing activities that result into inflow of cash are: (Delhi 2013; hots) Ans. It is simply a movement between two components of cash and cash equivalents. Here on AglaSem Schools, you can access to NCERT Book Solutions in free pdf for Accountancy 2 for Class 12 so that you can refer them as and when required. (Delhi 2013) 27.Name any two financing activities that result into inflow of cash. 36.Give one difference between an operating activity and an investing activity. For a Finance Company Check the below NCERT MCQ Questions for Class 12 Accountancy Chapter 11 Cash Flow Statement with Answers Pdf free download. Ans. 2.Why is separate disclosure of cash flow from investing activities important while preparing cash flow statement? (Delhi 2008; Modified) (Foreign 2011; HOTS) Interest paid on long-term borrowings is a financing activity. Cash Flow Statement 12th Accounts CBSE NCERT Chapter 11 Marketing along with videos,solved papers and worksheets.These are helpful for students in doing homework or preparing for the exams. 13.When does the flow of cash take place? Ans. At the time of preparing cash flow statement, ‘cash receipts from sale of goods by a trading company’ will come under operating activity because sale of goods is the main revenue producing activity for a trading company. Loss on sale of equipment amounted to Rs 12,000. ‘Interest paid by an investment company’ is classified as an operating activity. 32.Under which type of activity will you classify ‘proceeds from sale of machinery’ while preparing cash flow statement? Log in, Concise Mathematics Class 10 ICSE Solutions 2018. At BYJU'S, it is available for free download here. Ans. Ans. Cash Flow from Operating Activities . Ans. Easy to print and read. (iv)Transfer to general reserve Rs 14,000. 22.While preparing cash flow statement which type of activity is, ‘payment of cash to acquire shares by a trading company’? PDF download free. (vi)Sale of securities (vii) Purchase of securities Operating activity is the principal revenue producing activity of an enterprise whereas, investing activity includes the acquisition and disposal of fixed assets. Additional Information 61.From the following balance sheet, prepare a cash flow statement as per AS-3 (Revised) (iv)Assists in preparation of cash budget. Additional Information (All India 2009; Modified) ‘Withdrawal of cash from bank’ does not result in cash flow. 43.’Cash receipts from sale of goods by a trading company’ will come under which activity while preparing cash flow statement? 65.From the following balance sheet of Vijay Ltd as at 31st March, 2007 and 2008, prepare the cash flow statement (i)Depreciation on fixed assets Rs 20,000. (vii)Premiums and claims received (viii) Premiums and claims paid 33.Interest received on debentures would result into inflow, outflow or no flow of cash. 25.’Payment of dividend’ will come under which type of activity while preparing a cash flow statement? (ii)Loss on sale of furniture Rs 1,000. (Delhi 2010 C) These solutions for Cash Flow Statement are extremely popular among Class 12 Commerce students for Accountancy Cash Flow Statement Solutions come handy for quickly completing your homework and preparing for exams. 35.Give any two transactions which result into ‘inflow of cash’. (v)Cash flow statement is not a substitute for income statement. 3.Dividend paid by a financial company is classified under which type of activity, while preparing cash flow statement? Additional Information (Delhi 2012) (ii)Income tax Rs 5,000 has been paid in advance during the year. 51.Prepare a cash flow statement on the basis of the information given in the balance sheet of Simco Ltd as at 31st March, 2013 and 2012 7.State the meaning of cash flow statement. (All India 2008) Ans. (Delhi 2010) All Chapter wise Questions with Solutions to help you to revise complete Syllabus and Score More marks in your examinations. Ans. Cash flow statement class 12 Notes Accountancy in PDF are available for free download in myCBSEguide mobile app. Additional Information (iii)Helpful in formulation of business policies. (Delhi 2013) During the year a building having book value Rs 1,25,000 was sold at a loss of Rs 8,000 and depreciation charged on building was Rs 20,000. 66.From the following balance sheet of XY Ltd as on 31st March, 2006 and 2007, prepare a cash flow statement Cash flow from investing activities are exhibited as follows: 8.Cash Flow from Financing Activities Financing activities are the activities which result in change in the size and composition of the owner’s capital (including preference share capital) and borrowings (including debentures) of the enterprise from other sources. Ans. 63.X Ltd made a profit of Rs 1,00,000 after considering the following items So, cash flow statement can’t be taken as substitute for income statement. Year ended 31st March, 2009 and 2010 investments is an investing activity classify ‘ dividend paid an! ) Useful in short-term Financial planning 6 cash flow represents only net inflow! 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