Solution of Q 1 Cash Flow Statements TS Grewal 2022-23 [CBSE]
Step-by-step solution of Question 1, Chapter 5 Cash Flow Statements, TS Grewal Class 12 Accountancy 2022-23 for the CBSE Board.
Question 1
Identify the transactions as belonging to (i) Operating Activities, (ii) Investing Activities, (iii) Financing Activities and (iv) Cash and Cash Equivalents:
- (a) Cash Sale of Goods
- (b) Cash Received against Revenue from Services rendered
- (c) Cash Purchase of Goods
- (d) Cash Paid against Services Taken
- (e) Patents Purchased
- (f) Marketable Securities
- (g) Bank Overdraft
- (h) Proceeds from Issue of Debentures
- (i) Purchase of Shares
- (j) Repayment of Long-term Loan
- (k) Commission Received
- (l) Redemption of Debentures
- (m) Interest on Debentures
- (n) Interest on Investments
- (o) Income Tax Paid
- (p) Income Tax Paid on Gain (Profit) on Sale of Asset
- (q) Cash Received from Debtors
- (r) Cash Paid to Creditors.
Solution
All questions of Chapter 5
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About this solution
This is Chapter 5 Cash Flow Statements of TS Grewal Edition 2022-23.
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 Accountancy Board Exam.
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