(All India 2010) (i) Cash proceeds from sale of investments. Chapter wise assignments are being given by teachers to students to make them understand the chapter concepts. Operating activity is the principal revenue producing activity of an enterprise whereas, financing activity are those activities which change the size and composition of owner’s equity and borrowings of an enterprise. (ii)A piece of machinery included in fixed assets costing Rs 10,000, on which depreciation Ans. (All India 2011) Free PDF Download of CBSE Accountancy Multiple Choice Questions for Class 12 with Answers Chapter 11 Financial Statements Analysis. Ans. (i)Depreciation charged on fixed assets for the year 2009-2010 was Rs 20,000. Ans. 34.Give one difference between an operating activity and a financing activity. It is classified under ‘financing activity’. Ans. 13.When does the flow of cash take place? 46.State whether ‘the payment of cash to creditors’ will result into inflow, outflow or no flow Of cash. Ans. Additional Information Ans. Additional Information  Ans. Important Questions for CBSE Class 12 Accountancy Cash Flow Statement. (vi)Sale of securities (vii) Purchase of securities Ans. 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. Ans. Cash Cash comprises of cash in hand and demand deposits with the bank. Ans. for the year ended March 31, 2019 . (i)Depreciation on fixed assets Rs 20,000. (Delhi 2011; hots) There will be no flow of cash because depreciation on furniture is a non-cash expense. Profit as per Statement of Profit and Loss (4,80,000 – 3,75,000) 1,05,000 . 67.From the following balance sheet of EF Ltd as on 31st March, 2006 and 31st March, 2007, prepare the cash flow statement Cash flow arising from financing activities are exhibited as follows: Previous Years’Examination Questions Non-cash transactions are ignored while preparing a cash flow statement because cash flow statement shows flow of cash and cash equivalents during a given period. It is simply a movement between two components of cash and cash equivalents. All the solutions of Cash Flow Statements - Accountancy explained in detail by experts to help students prepare for their CBSE exams. A cash flow statement provides information about the historical changes in cash and cash equivalents of an enterprise by classifying cash flows into operating, investing and financing activities between the dates of two balance sheets. CBSE Notes CBSE Notes Accountancy NCERT Solutions Accountancy. (ii)Cash flow from investing activities. Cash Flow Statement – CBSE Notes for Class 12 Accountancy. 49.’Interest paid by an investment company’ will come under which activity while preparing a cash flow statement? Financing activity. NCERT Solutions for Class 6, 7, 8, 9, 10, 11 and 12. (i)Income tax paid during the year Rs 4,500. (Delhi 2010 C) 1.Cash Flow Statement Cash flow statement is a statement showing the changes in financial position of a business concern during different intervals of time in terms of cash and cash equivalents. The entire NCERT textbook questions have been solved by best teachers for you. (Delhi 2013; hots) Ans. The statement written for this purpose is known as cash flow statement. (i) Building purchased. Ans. 26.List any two financing activities that will result into outflow of cash. 10.Under which type of activity will you classify ‘dividend received by a finance company’ while preparing cash flow statement? Investing activity. Ans.The two financing activities that result into inflow of cash are: Free PDF Download - Best collection of CBSE topper Notes, Important Questions, Sample papers and NCERT Solutions for CBSE Class 12 Accounts Cash flow statement. (All India 2008) Ans. 16.State with reason whether ‘old furniture written-off’ would result into inflow/outflow or no flow of cash. (ii)An interim dividend Rs 7,000 has been paid to the shareholders during the year. We have provided Cash Flow Statement Class 12 Accountancy MCQs Questions with Answers to help students understand the concept very well. ... Class 12 - Soft Copy Worksheets ... Post a Question. (All India 2010) Ans. 24.List any two investing activities which result into outflow of cash. Additional Information During the year, equipment costing Rs 1,00,000 was purchased. It will result in outflow of cash. Old furniture written-off will result in no flow of cash. (Delhi 2012) 63.X Ltd made a profit of Rs 1,00,000 after considering the following items Copies of these textbooks may be downloaded and used as textbooks or for reference. 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. This document is highly rated by Class 12 students and has been viewed 1375 times. There is no flow of cash because purchase of goods on credit will not affect cash. Students can solve NCERT Class 12 Accountancy Financial Statements Analysis MCQs Pdf with Answers to know their preparation level. Ans. Ans. Ans. 1.Cash Flow Statement Cash flow statement is a statement showing the changes in financial position of a business concern during different intervals of time in terms of cash and cash equivalents. Here is a compilation of top three accounting problems on cash flow statement with its relevant solutions. (iii) Provision for taxation Rs 1,60,000. (All India2010) Ans. 4.State the purpose or objective of preparing a cash flow statement. Ans. Ans. ‘Payment of dividend’ is classified as ‘financing activity’ while preparing a cash flow statement. There is no flow of cash by the issue of 9% debentures to the vendors for the purchase of machinery of Rs 50,000 because this transaction will not change the balance of cash and cash equivalents. 35.Give any two transactions which result into ‘inflow of cash’. Ans. All Chapter wise Questions with Solutions to help you to revise complete Syllabus and Score More marks in your examinations. 19.Give an example of the activity which remains financing activity for every enterprise. 56.From the following information prepare a ‘cash flow statement’ for Ronak Ltd. Balance sheet of Ronak Ltd as at 31st March, 2011 and 2012. There will be no flow of cash because depreciation is a non-cash expense. 39.When is dividend received considered as an operating activity? Dividend received is considered as an operating activity when company is a financing or investing company. 65.From the following balance sheet of Vijay Ltd as at 31st March, 2007 and 2008, prepare the cash flow statement Additional Information Ans. Ans. Accountancy MCQs for Class 12 Chapter Wise with Answers PDF Download was Prepared Based on Latest Exam Pattern. (ii) Interest paid on debentures. During the year, Rs 1,40,000 depreciation was charged on fixed assets. MCQ Questions for Class 12 Accountancy with Answers were prepared based on the latest exam pattern. (ii)Dividend paid during the year was @12% per annum. Ans. (Delhi 2013) (ii)Based on secondary data. 2.Cash Flows Cash flows are inflows and outflows of cash and cash equivalent. 21.While preparing cash flow statement which type of activity is, ‘payment of cash to acquire debenture by an investment company’? (i)During the year Rs 50,000 depreciation was charged on fixed assets. Additional Information Your email address will not be published. (i) Cash proceeds from issue of shares (ii) Cash proceeds from issue of debentures. 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Ans. (Delhi 2008; Modified) Ans. (v)Cash received for interest and dividends (vi) Cash paid for interest (Foreign 2011; HOTS) ACCOUNTANCY CASH FLOW STATEMENT www.topperlearning.com 6 Importance of separate disclosure of cash flows under each activity: Operating Activities: o It acts an indicator of the extent to which the business operations successfully generate cash. Ans. These textbook solutions help students in exams as well as their daily homework routine. Prepare the cash flow statement. NCERT Solutions Class 12 Accountancy 2 Chapter 6 Cash Flow Statement. Additional Information Additional Information 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. Two financing activities that result into outflow of cash are: 37.Give one transaction which may result into outflow of cash and one which may result into no flow of cash. (iv)Transfer to general reserve Rs 14,000. (All India 2008) ‘Deposit of cash into bank’ does not result in cash flow. 3.Dividend paid by a financial company is classified under which type of activity, while preparing cash flow statement? Additional Information At BYJU'S, it is available for free download here. Ans. (All India 2009; Modified) (ii)Income tax Rs 5,000 has been paid in advance during the year. (i) Cash flow from operating activities. 25.’Payment of dividend’ will come under which type of activity while preparing a cash flow statement? NCERT Solutions for Class 12 Accountancy Part 1. Receipt of cash from an item other than cash and cash equivalents is termed as ‘cash inflow’ while cash payment in respect of such item is termed as ‘cash outflow’. ‘Dividend paid by a manufacturing company’ is classified as a financing activity. (AllIndia2013) (Delhi 2011C; Modified) 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. (All India 2013) ‘Cash from operating activities’ are the principal revenue producing activities of the enterprise and other activities that are not investing or financing activities. Additional Information For a Real Estate (Infrastructure) Company The cash flow statement is divided into three types of activities: operating activities, investing activities, and financing activities. Cash Flow Statement Class 12 Accountancy Practice Questions. No flow of cash Cash deposited into the bank. Cash flow statement class 12 Notes Accountancy in PDF are available for free download in myCBSEguide mobile app. (ii)Dividend paid during the year was 10% per annum. During the year, a piece of machinery of the book value of Rs 80,000 was sold for Rs 65,000. (Delhi 2012; Modified) (i) Redemption of debentures. An income statement shows both cash and non-cash items. (All India 2014 (C), 2009) 2.Why is separate disclosure of cash flow from investing activities important while preparing cash flow statement? PDF download free. (Delhi 2013) (i)Useful in short-term financial planning. or Download NCERT Class 12 Accountancy Cash Flow Statement 2 NCERT Book and other CBSE KVS Accountancy latest books free in pdf format chapter wise, NCERT Class 12 Accountancy Cash Flow Statement (2).Download NCERT Chapters and Books in pdf format. Commission and royalty received is an operating activity. So, cash flow statement can’t be taken as substitute for income statement. 5.Give the meaning of cash (All India 2014; Delhi 2011) Ans. 28.Name any two investing activities that result into inflow of cash. Prepare a cash flow statement Operating activity is the principal revenue producing activity of an enterprise whereas, investing activity includes the acquisition and disposal of fixed assets. 15.Under which type of activity will you classify ‘interest paid on long-term borrowings’ while preparing cash flow statement? The best app for CBSE students now provides accounting for partnership firm’s fundamentals class 12 Notes latest chapter wise notes for quick preparation of CBSE board exams and school-based annual examinations. 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 (Delhi 2010) 7.Cash Flow from Investing Activities As per AS-3, investing activities are the acquisition and disposal of the long-term assets and other investments, not included in cash equivalents. Cash Flow Statement: Questions 7-10 of 10. Ans. (v)Profit on sale of machinery Rs 6,000. 52.Following is the balance sheet of Wisben Ltd as on 31st March, 2012 Prepare the cash flow statement(Delhi 2010 C; All India 2010; Modified) The Revised Accounting Standard-3 has made it mandatory for all listed companies to prepare and present a cash flow statement along with other financial statements on annual basis. (All India 2013) (ii)During the year a machine included in fixed assets costing Rs 1,20,000 was purchased and another machine of the book value of Rs 30,000 was sold at a loss of Rs 2,000. Cash Flow Statement: Questions 1-6 of 10. There are some specific and important ways that describe how to prepare a cash flow statement. Investing activity. (viii) Rent received      (ix) Rent paid. Particulars. (ii)Loss on sale of furniture Rs 1,000. Ans. (i)During the year ? (Delhi 2009; All India 2009) Ans. Two investing activities which result into outflow of cash are: Ans. 7.State the meaning of cash flow statement. (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. (i)Income tax paid during the year Rs 3,500. 62.From the following balance sheet of Sewak Ltd as on 31st March, 2008 and 2009, Prepare cash flow statement. 18.Under which type of activity will you classify ‘proceeds from sale of patents’ while preparing cash flow statement? (All India 2011; Delhi 2011 C) Interest received is never considered as a financing activity. (iii)Ignores non-cash transactions. Ans. (ii)Dividend paid Rs 80,000. (Delhi 2011, Modified) (Delhi 2010) Ans. (All India 2010) It is a summary of sources and applications of cash during a specified period. 29.State with reason whether ‘withdrawal of cash from bank’ will result into, inflow,outflow or no flow Of cash. (Delhi 2009; All India 2009) Students who are in class 12th or preparing for any exam which is based on Class 12 Accountancy can refer NCERT Accountancy-II Book for their preparation. Prepare the cash flow statement. (i)During the year, machine costing Rs 80,000 was sold for Rs 50,000. 66.From the following balance sheet of XY Ltd as on 31st March, 2006 and 2007, prepare a cash flow statement Students can solve NCERT Class 12 Accountancy Cash Flow Statement MCQs Pdf with Answers to know their preparation level. (i) Cash proceeds from sale of building. Check the below NCERT MCQ Questions for Class 12 Accountancy Chapter 11 Cash Flow Statement with Answers Pdf free download. Ans. NCERT Solution For Class 12 Accountancy Chapter 6 – Cash Flow Statement provides us with an all-inclusive data to all the concepts. Ans. Ans. Ans. 54.From the following balance sheet of JN Ltd as on 31st March, 2010 and 2011, prepare a cash flow statement. 58.From the following balance sheet of Vikas Ltd as at 31st March, 2009 and 2010. Ans. Problem 1: From the following summary of Cash Account of X Ltd., prepare Cash Flow Statement for the year ended 31st March 2007 in accordance with AS-3 using the direct method. 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