DK Goel Solutions Q 25 Chapter 4 Cash Flow Statement Class 12 CBSE [2023-24]
Step-by-step solution of Question 25, Chapter 4 Cash Flow Statement, DK Goel Class 12 Accountancy 2023-24 for the CBSE Board.
Question 25
(A) D.K. Ltd. provides you the following information :—
- Non-Current Investments as on 31-3-2022 ₹ 1,20,000
- Non-Current Investments as on 31-3-2023 ₹ 40,000
During the year 2023, the company sold 80% of its original investments at a profit of 20% on book value. Calculate sources and uses of cash.
(B) X Ltd. provides you the following information :
- Non-Current Investments as on 31-3-2022 ₹ 50,000
- Non-Current Investments as on 31-3-2023 ₹ 60,000
During the year 2023, X Ltd. purchased investments costing ₹ 25,000 and sold some investments at a loss of 20% on book value. Calculate sources of cash.


Solution



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About this solution
This is Chapter 4 Cash Flow Statement of DK Goel For 2024 Examinations.
Written by Vijay Adarsh, teaching commerce since 2003 to Class 11, Class 12, B.Com, CA, CS and CMA students.
We have solved all the practical questions in this book and explained them Step by Step in detail with clear working notes.
Also, we have followed the proper format and workings which are required as per CBSE Guidelines. Just follow our presentation of solutions and score good marks in the Accountancy Board Exam.


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