List of top Accountancy Questions on Cash Flow Statement asked in CBSE CLASS XII, CBSE Compartment XII

Statement I: Sale of marketable securities will result in flow of cash.
Statement II: Cash flow implies movement of cash in and out due to some non-cash items.
Choose the correct option from the following:

From the following information, calculate cash flow from investing and financing activities:

• Purchase of Machinery ₹1,60,000
• Sale of Machinery ₹40,000
• Interest Paid ₹10,000
• Dividend Paid ₹15,000
• Proceeds from Issue of Shares ₹2,00,000
• Proceeds from Long-Term Borrowings ₹50,000

From the given ‘VLOOKUP’ syntax, find out the error and its reason using the worksheet: 

(i) = VLOOKUP(B5, C3:F10, 2, 0) 
(ii) = SQRT(VLOOKUP(B3, B3:F10, 2, 0) - 100) 
(iii) = VLOOKUP(B2, B3:F10, 5, 0) 
(iv) = VLOOKUP(B3, B3:B10, 2, 0) 
(v) = VLOOKUP(B6, B3:F10, 0, 0) 
(vi) = VLOOKUP(B6, B3:F10, 2, 0)/0 
 

From the following Balance Sheet of Yogita Ltd., calculate ‘Cash flows from Investing Activities’ and ‘Cash flows from Financing Activities’. Show your working properly.


Additional Information: 
(i) rupee50,000 was charged as depreciation on Plant and Machinery. A machinery costing rupee60,000 (Book Value Rupees 45,000) was sold for Rupees 42,000. 
(ii) Bank loan was repaid on 1^st April, 2022. 
 

Tax paid during the year ended 31st March, 2023 was rupee 15,000. While calculating Net Profit before Tax and Extraordinary items, the amount of provision for tax to be added is .......