Commerce Exam > Commerce Notes > DK Goel Solutions - Class 12 Accountancy > DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised)
DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised) | DK Goel Solutions - Class 12 Accountancy - Commerce PDF Download
Q1: Classify the following into:
(i) Operating activities
(ii) Investing activities
(ii) Financing activities
- Cash equivalents, while preparing a cash flow statement
- Cash sales
- Cash received from trade receivables
- Purchase of building
- Sale of building
- Issue of share capital or Debentures
- Buy-back of equity shares
- Dividend paid
- Interest paid on Debentures or Long-term loans by
(a) Finance company
(b) Non-finance company - Cash purchases
- Cash paid to trade payables
- Redemption of debentures and preference shares
- Repayment of Long-term loan
- Office expenses
- Selling and distribution expenses
- Manufacturing expenses
- Purchase of goodwill
- Sale of patents
- Purchase of investments
- Sale of investments by
(a) Finance company
(b) Non-finance company - Commission and royalty received
- Interest received on investments by
(a) Finance company
(b) Non-finance company - Dividend received on shares by
(a) Finance company
(b) Non-finance company - Rent paid
- Rent received if
(a) Company’s main business is property business
(b) Other business - Income tax paid
- Income tax refund received
- Bank balance
- Short-term deposits in the bank
- Investment in the short term or marketable securities
Ans:
Operating activities:
- Cash sales
- Cash received from trade receivables
- Interest paid on Debentures or Long-term loans by
(a) Finance company - Cash purchases
- Cash paid to trade payables
- Office expenses
- Selling and distribution expenses
- Manufacturing expenses
- Sale of investments by
(a) Finance company - Commission and royalty received
- Interest received on investments by
(a) Finance company - Dividend received on shares by
(a) Finance company - Rent paid
- Rent received if
(a) Company’s main business is property business - Income tax paid
- Income tax refund received
Investing activities:
- Purchase of building
- Sale of building
- Purchase of goodwill
- Sale of patents
- Purchase of investments
- Sale of investments by
(b) Non-finance company - Interest received on investments by
(b) Non-finance company - Dividend received on shares by
(b) Non-finance company - Rent received if
(b) Other business
Financing activities:
- Issue of share capital or Debentures
- Buy-back of equity shares
- Dividend paid
- Interest paid on Debentures or Long-term loans by
(b) Non-finance company - Redemption of debentures and preference shares
- Repayment of Long-term loan
Cash Equivalents:
- Bank balance
- Short-term deposits in the bank
- Investment in the short term or marketable securities
Q2: The following is the position of current assets and current liabilities of A Ltd.
The company incurred a loss of Rs. 45,000/- during the year. Calculate cash from operating activities.
Ans:
Calculation of Cash From Operating Activities
For the year ended 31st March 2019
The document DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised) | DK Goel Solutions - Class 12 Accountancy - Commerce is a part of the Commerce Course DK Goel Solutions - Class 12 Accountancy.
All you need of Commerce at this link: Commerce
FAQs on DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised) - DK Goel Solutions - Class 12 Accountancy - Commerce
| 1. What is a Cash Flow Statement as per AS – 3 Revised? |  |
Ans. A Cash Flow Statement as per AS – 3 Revised is a financial statement that provides a detailed analysis of the cash inflows and outflows of a business over a specific period. It helps stakeholders understand how cash is generated and used in operating, investing, and financing activities.
| 2. What are the main components of a Cash Flow Statement? | |
Ans. The main components of a Cash Flow Statement include three sections: Operating Activities, Investing Activities, and Financing Activities. Operating Activities reflect cash generated from core business operations, Investing Activities show cash used for investments in assets, and Financing Activities detail cash flows related to borrowing and equity transactions.
| 3. How is the Cash Flow Statement prepared? | |
Ans. The Cash Flow Statement can be prepared using two methods: the Direct Method and the Indirect Method. The Direct Method lists all cash receipts and payments, while the Indirect Method starts with net income and adjusts for non-cash items and changes in working capital.
| 4. Why is the Cash Flow Statement important for businesses? | |
Ans. The Cash Flow Statement is important because it provides insights into a company’s liquidity and financial health. It helps assess the ability to generate cash, meet obligations, and fund operations or investments, which is crucial for decision-making by management and investors.
| 5. How does the Cash Flow Statement differ from the Income Statement? | |
Ans. The Cash Flow Statement differs from the Income Statement in that it focuses on actual cash movements, while the Income Statement records revenues and expenses on an accrual basis. This means that the Cash Flow Statement shows the cash available for use, whereas the Income Statement may include non-cash items like depreciation and accounts receivable.
Related Exams
About this Document
|
Dec 04, 2024 Last updated |
Document Description: DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised) for Commerce 2024 is part of DK Goel Solutions - Class 12 Accountancy preparation.
The notes and questions for DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised) have been prepared according to the Commerce exam syllabus. Information about DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised) covers topics
like and DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised) Example, for Commerce 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises and tests below for DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised).
Introduction of DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised) in English is available as part of our DK Goel Solutions - Class 12 Accountancy
for Commerce & DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised) in Hindi for DK Goel Solutions - Class 12 Accountancy course.
Download more important topics related with notes, lectures and mock test series for Commerce
Exam by signing up for free. Commerce: DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised) | DK Goel Solutions - Class 12 Accountancy - Commerce
Description
Full syllabus notes, lecture & questions for DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised) | DK Goel Solutions - Class 12 Accountancy - Commerce - Commerce | Plus excerises question with solution to help you revise complete syllabus for DK Goel Solutions - Class 12 Accountancy | Best notes, free PDF download
Information about DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised)
In this doc you can find the meaning of DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised) defined & explained in the simplest way possible. Besides explaining types of
DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised) theory, EduRev gives you an ample number of questions to practice DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised) tests, examples and also practice Commerce
tests
|
Explore Courses for Commerce exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
ppt
,MCQs
,Exam
,Sample Paper
,Semester Notes
,Viva Questions
,DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised) | DK Goel Solutions - Class 12 Accountancy - Commerce
,Extra Questions
,Free
,practice quizzes
,study material
,Important questions
,DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised) | DK Goel Solutions - Class 12 Accountancy - Commerce
,Objective type Questions
,video lectures
,DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised) | DK Goel Solutions - Class 12 Accountancy - Commerce
,shortcuts and tricks
,Summary
,mock tests for examination
,Previous Year Questions with Solutions
,past year papers
;
Additional Information about DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised) for Commerce Preparation
DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised) Free PDF Download
The DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised) is an invaluable resource that delves deep into the core of the Commerce exam.
These study notes are curated by experts and cover all the essential topics and concepts, making your preparation more efficient and effective.
With the help of these notes, you can grasp complex subjects quickly, revise important points easily,
and reinforce your understanding of key concepts. The study notes are presented in a concise and easy-to-understand manner,
allowing you to optimize your learning process. Whether you're looking for best-recommended books, sample papers, study material,
or toppers' notes, this PDF has got you covered. Download the DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised) now and kickstart your journey towards success in the Commerce exam.
Importance of DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised)
The importance of DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised) cannot be overstated, especially for Commerce aspirants.
This document holds the key to success in the Commerce exam.
It offers a detailed understanding of the concept, providing invaluable insights into the topic.
By knowing the concepts well in advance, students can plan their preparation effectively.
Utilize this indispensable guide for a well-rounded preparation and achieve your desired results.
DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised) Notes
DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised) Notes offer in-depth insights into the specific topic to help you master it with ease.
This comprehensive document covers all aspects related to DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised).
It includes detailed information about the exam syllabus, recommended books, and study materials for a well-rounded preparation.
Practice papers and question papers enable you to assess your progress effectively.
Additionally, the paper analysis provides valuable tips for tackling the exam strategically.
Access to Toppers' notes gives you an edge in understanding complex concepts.
Whether you're a beginner or aiming for advanced proficiency, DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised) Notes on EduRev are your ultimate resource for success.
DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised) Commerce Questions
The "DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised) Commerce Questions" guide is a valuable resource for all aspiring students preparing for the
Commerce exam. It focuses on providing a wide range of practice questions to help students gauge
their understanding of the exam topics. These questions cover the entire syllabus, ensuring comprehensive preparation.
The guide includes previous years' question papers for students to familiarize themselves with the exam's format and difficulty level.
Additionally, it offers subject-specific question banks, allowing students to focus on weak areas and improve their performance.
Study DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised) on the App
Students of Commerce can study DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised) alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised),
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of DK Goel Solutions: Cash Flow Statement (As per AS – 3 Revised) is prepared as per the latest Commerce syllabus.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup