Important Questions of Class 12 Accountancy Cash Flow Statement
Question 1: [2024C]
Sale of patents of ₹50,00,000 will result in:
(A) Cash inflow of ₹50,00,000 from financing activities
(B) Cash outflow of ₹50,00,000 from financing activities
(C) Cash outflow of ₹50,00,000 from investing activities
(D) Cash inflow of ₹50,00,000 from investing activities
Answer
(D) Cash inflow of ₹50,00,000 from investing activities
Important Questions of Class 12 Accountancy Cash Flow Statement
Question 2: [2024C]
Income tax paid is classified under:
(A) Operating activities
(B) Investing activities
(C) Financing activities
(D) Cash and cash equivalents
Answer
(A) Operating activities
Important Questions of Class 12 Accountancy Cash Flow Statement
Question 3: [2024C]
Which of the following transactions will result in cash outflow from operating activities?
(A) Payment to creditors
(B) Proceeds from sale of investments
(C) Dividend received by a non-finance company
(D) Depreciation charged on furniture
Answer
(A) Payment to creditors
Important Questions of Class 12 Accountancy Cash Flow Statement
Question 4: [2024C]
From the following particulars of Ruparel Ltd., calculate ‘Cash Flow from Investing Activities’. Show your working clearly.
| Particulars | 31.03.2023 (₹) | 31.03.2022 (₹) |
|---|---|---|
| Goodwill | 3,00,000 | 1,00,000 |
| Patents | 1,60,000 | 2,80,000 |
| Machinery | 12,40,000 | 10,20,000 |
| 10% Investments | 1,60,000 | 60,000 |
Additional Information:
(i) Patents of ₹ 1,20,000 were sold at book value.
(ii) Depreciation charged during the year on machinery was ₹ 1,40,000.
A machine having a book value of ₹ 80,000 was sold for ₹ 50,000.
(iii) On 31.03.2023, 10% investments were purchased for ₹ 1,80,000, and some investments were sold at a profit of ₹ 20,000.
Interest received on investments was ₹ 6,000.
Important Questions of Class 12 Accountancy Cash Flow Statement
