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. 16.State with reason whether ‘old furniture written-off’ would result into inflow/outflow or no flow of cash. The entire NCERT textbook questions have been solved by best teachers for you. 66.From the following balance sheet of XY Ltd as on 31st March, 2006 and 2007, prepare a cash flow statement Profit as per Statement of Profit and Loss (4,80,000 – 3,75,000) 1,05,000 . ... Class 12 - Soft Copy Worksheets ... Post a Question. NCERT Solutions for Class 12 Commerce Accountancy Chapter 6 Cash Flow Statement are provided here with simple step-by-step explanations. 49.’Interest paid by an investment company’ will come under which activity while preparing a cash flow statement? 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’. (All India 2011) (All India 2008) (Delhi 2009 C; Modified) 12.Under which type of activity will you classify ‘refund of income tax received’ while preparing the cash flow statement? (Delhi 2013; hots) Additional Information Get to the point CBSE Class-12 Class-12 Accountancy questions for your exams. 14.State with reason whether ‘discount received on making payment to suppliers’ would result into inflow, outflow or no flow of cash. It is simply a movement between two components of cash and cash equivalents. Additional Information (All India 2014,2014 c, 2011) These textbook solutions help students in exams as well as their daily homework routine. Check the below NCERT MCQ Questions for Class 12 Accountancy Chapter 11 Cash Flow Statement with Answers Pdf free download. Prepare the cash flow statement(Delhi 2010 C; All India 2010; Modified) 11.State with reason whether ‘purchase of fixed asset on long-term deferred payment’ would result in inflow, outflow or no flow of cash. 47.’Dividend paid by a manufacturing company’ is classified under which kind of activity while preparing a cash flow statement? (ii)A piece of machinery included in fixed assets costing Rs 10,000, on which depreciation (Delhi 2013) 44.Dividend received by a finance company will come under which activity while preparing a cash flow statement? It is simply a movement between two components of cash and cash equivalents. or 4.Limitations of Cash Flow Statement ‘Interest paid by an investment company’ is classified as an operating activity. (Delhi 2011C; Modified) Ans. Ans. (All India 2010) 52.Following is the balance sheet of Wisben Ltd as on 31st March, 2012 PDF download free. ‘Cash from operating activities’ are the principal revenue producing activities of the enterprise and other activities that are not investing or financing activities. (ii)Useful in efficient cash management. 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. 13.When does the flow of cash take place? An income statement shows both cash and non-cash items. (ii) Investments purchased. 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. Ans. 42.State with reason whether charging of depreciation on furniture will result into inflow, outflow or no flow of cash. It is classified under ‘financing activity’. Ans. Prepare a cash flow statement Additional Information 3.Dividend paid by a financial company is classified under which type of activity, while preparing cash flow statement? charged was Rs 4,000, was sold for Rs 5,000. 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 NCERT Solutions to the questions after every unit of NCERT textbooks aimed at helping students solving difficult questions. 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. (v)Cash received for interest and dividends (vi) Cash paid for interest During the year machine costing Rs 50,000 was sold for Rs 15,000. Dividend paid Rs 20,000. (All India 2013) Ans. (AllIndia2013) Easy to print and read. There are some specific and important ways that describe how to prepare a cash flow statement. Financing activity. (Delhi 2009c) Students can solve NCERT Class 12 Accountancy Cash Flow Statement MCQs Pdf with Answers to know their preparation level. The major purpose of developing this statement is to generate the list for sending money either into or out of the business. (All India 2010) Ans. 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. 5.Classification of Business Activities Accounting Standard-3 (Revised) requires that the changes resulting in inflows and outflows of cash and cash equivalents will be classified into following three activities: (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 – CBSE Notes for Class 12 Accountancy. No flow of cash Cash deposited into the bank. Ans. Get to the point CBSE Class-12 Class-12 Accountancy questions for your exams. Cash flow represents only net cash inflow or outflow of cash. There will be no flow of cash because depreciation is a non-cash expense. (iii)Helpful in formulation of business policies. Operating activity is the principal revenue producing activity of an enterprise whereas, investing activity includes the acquisition and disposal of fixed assets. (Delhi 2010 c) (All India 2008) (All India 2009; hots) Free PDF Download of CBSE Accountancy Multiple Choice Questions for Class 12 with Answers Chapter 15 Cash Flow Statement. (iv)Assists in preparation of cash budget. Ans.The two financing activities that result into inflow of cash are: Outflow of cash Purchase of investments. (Delhi 2013) Free PDF Download - Best collection of CBSE topper Notes, Important Questions, Sample papers and NCERT Solutions for CBSE Class 12 Accounts Cash flow statement. Ans. (i) Cash proceeds from issue of shares (ii) Cash proceeds from issue of debentures. 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