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Home /Doubts and Solutions/CBSE/Class 12 Commerce

CBSE Class 12 Commerce Free Doubts and Solutions

CBSE - XII Commerce - Accountancy

Q.32) Prepare Cash Flow Statement for the year ended 31st March 2019 from following Balance Sheets Particulars Note no. 31st March 2020(`) 31st March 2019(`) EQUITY AND LIABILITIES 1. Shareholders’ Funds a) Share Capital b) Reserves and Surplus 2. Non-Current Liabilities a) Long-Term Borrowings (10% Debentures) 3. Current Liabilities a) Short-term Borrowings (Bank Overdraft) b) Trade Payables c) Short term Provisions ASSETS 1. Non-Current Assets a) Tangible Assets b) Intangible Assets (Goodwill) c) Non-Current Investments 2. Current Assets a) Current Investments b) Inventories c) Trade Receivables d) Cash and Cash Equivalents 1 2 3 4 10,00,000 (20,000) 8,00,000 5,00,000 70,000 70,000 24,20,000 8,20,000 70,000 13,20,000 40,000 60,000 80,000 30,000 24,20,000 6,00,000 (1,50,000) 10,00,000 3,00,000 50,000 50,000 18,50,000 10,40,000 50,000 5,00,000 50,000 80,000 90,000 40,000 18,50,000 Notes to Accounts Particulars 31st March 2020(`) 31st March 2019(`) Additional Information: 1) Tax provided during the year ` 65,000. 2) 10% Debentures were redeemed on 1st oct.2019 3) During the year Machinery costing ` 70,000( Accumulated Depreciation ` 20,000) was sold at gain of 10% of book value. (6) Note no. 1 Share Capital Equity Share Capital Preference Share Capital Note No. 2 Reserves and Surplus Balance is Statement of Profit and Loss General Reserve Note No. 3 Short- term Provisions Provision for Tax Note No.4 Tangible Assets Land and Buildings Plant and Machinery Less: Accumulated Depreciation 5,00,000 5,00,000 (1,00,000) 80,000 70,000 5,00,000 4,00,000 (80,000) 3,20,000 3,00,000 3,00,000 (2,00,000) 50,000 50,000 8,00,000 3,00,000 (60,000) 2,40,000

Asked by harshj2003 14th June 2021, 12:23 AM
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CBSE - XII Commerce - Business Studies

This is my question

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Asked by sudhamishra995681 10th June 2021, 9:01 AM
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CBSE - XII Commerce - Accountancy

The directors of XYZ limited forfeited 200 shares of Rs 20 /- each for non payment of first and final call of Rs 5/- per share . These shares were reissued at Rs 20 /- per share fully paid . Pass necessary journal entries..

Asked by ikshakalle29 5th June 2021, 4:42 PM
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CBSE - XII Commerce - Accountancy

Hbsbshs

Asked by Ca.gargsiddharth 25th May 2021, 1:25 PM
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CBSE - XII Commerce - Economics

what is meaning of aggregate demand

Asked by yashwanthsnaik2003 24th May 2021, 1:44 PM
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