12th Standard CBSE Syllabus & Materials
12th Standard CBSE
CBSE 12th Biology Sexual Reproduction in Flowering Plants Important Questions And Answers Study Material - QB365 Set B
NEW12th Standard CBSE
CBSE 12th Biology Sexual Reproduction in Flowering Plants Important Questions And Answers Study Material - QB365 Set A
NEW12th Standard CBSE
CBSE 12th Biology Sexual Reproduction in Flowering Plants Assertion and Reason Study Material - QB365 Set D
NEW12th Standard CBSE
CBSE 12th Biology Sexual Reproduction in Flowering Plants Assertion and Reason Study Material - QB365 Set C
NEW12th Standard CBSE
CBSE 12th Biology Sexual Reproduction in Flowering Plants Assertion and Reason Study Material - QB365 Set B
NEW12th Standard CBSE
CBSE 12th Biology Sexual Reproduction in Flowering Plants Assertion and Reason Study Material - QB365 Set A
Published on: 25/10/2025
Download CBSE Class 12th Standard CBSE Accountancy question papers, sample papers, important questions, and previous year solved papers in PDF format. Get free study materials, NCERT solutions, and exam preparation resources for Class 12th Standard CBSE Accountancy
Questions + Answers key
Take MCQ Accountancy Test
1.
The profit of X Ltd. was Rs. 1,00,000 after considering the following items :
(a) Depreciation provided on Fixed Tangible Assets Rs. 20,000
(b) Patents written off Rs. 10,000
(c) Loss on sale of Furniture Rs. 1,000
(d) Provision for Taxation Rs. 1,60,000
(e) Transfer to General Reserve Rs. 14,000
(f) Profit on sale of Fixed Tangible Assets (Machinery) Rs. 6,000.
The following additional information is available to you:
| Items |
31.03.2014 Rs. |
31.03.2015 Rs. |
|---|---|---|
| Trade Receivables | 44,000 | 47,000 |
| Trade payables | 36,000 | 42,000 |
| Prepaid Expenses | 400 | 600 |
Calculate cash flows from operating activities.
2.
From the following Balance Sheets and the additional information of Good Wood Co., you are required to prepare a Cash Flow Statement as per As-3 (Accounting Standard 3) :
| Particulars |
Note No. |
31.03.2015 | 31.03.2014 | |
|---|---|---|---|---|
| I. Equity and liabilies | ||||
| Shareholders' Funds : | ||||
| (a) Share Capital | 45,000 | 30,000 | ||
| (b) Reserves and Surplus | 18,500 | 5,000 | ||
| Current Liabilities : | ||||
| (a) Trade Payables | 8,500 | 6,000 | ||
| (b) Other Current Liabilities (Outstanding rent) | 2,000 | 2,500 | ||
| Total | 74,000 | 43,500 | ||
| II. Assets | ||||
| Non-current Assets : | ||||
| Fixed Assets - Tangible | 48,000 | 20,000 | ||
| Current Assets : | ||||
| (a) Invertories | 9,000 | 8,000 | ||
| (b) Trade Receivables | 9,000 | 12,000 | ||
| (c) Cash and Cash Equivalents | 8,000 | 3,500 | ||
| Total | 74,000 | 43,500 | ||
Additional Information :
(i) Income tax paid during the year was Rs. 3,500.
(ii) Dividends paid during the year was 10%.
3.
From the following statement, calculate the cash generated from operating activities :
Statement of Profit and Loss
for the year ending March 31st, 2015
| Particulars | Amount (Rs.) | |
|---|---|---|
| I. Revenue from operations | 80,000 | |
| II. Add : Other Income : | ||
| Profit on sale of machinery | 10,000 | |
| Dividend received | 4,000 | |
| Interest received | 5,000 | 19,000 |
| III. Total Revenue (I + II) | 99,000 | |
| IV. Less : Expenses : | ||
| (a) Employee Benefit Expenses (Salaries) | (15,000) | |
| (b) Depreciation | (20,000) | |
| (c) Goodwill Written off | (10,000) | |
| (d) Other Expenses : Rent | (5,000) | |
| (e) Loss on Sale of Building | (5,000) | |
| Total Expenses (a + b + c + d) | 55,000 | |
| V. Profit before Tax (III - IV) | 44,000 | |
| VI. Less : Provision for Tax | (10,000) | |
| VII. Profit after Tax (V - VI) | 34,000 | |
4.
What is meant by cash flow statement?
5.
Payment of dividend is classified or shown as financing activity for both non-finance and finance company.Do you agree?
6.
From the following information, calculate cash flow from investing activities and financing activities.
| Particulars | Opening (Rs.) | Closing(Rs.) |
|---|---|---|
| Furniture (At cost) | 40,000 | 56,000 |
| Accumulated Depreciation on Furniture | 12,000 | 18,000 |
| Capital | 2,00,000 | 2,80,000 |
| Loan from Bank | 50,000 | 30,000 |
During the year, furnitures costing Rs.8,000 was sold at a profit of Rs.6,000.Depreciation on furniture charged during the year amounted to Rs.10,000.
7.
Calculate cash flow from operating activities from the following information.
| Particulars | Amt(Rs.) |
|---|---|
| Net Profit (After provision for tax Rs.6,12,000) | 28,12,000 |
| Proposed Dividend | 4,84,000 |
| Above Net Profit is Determined after Following Credits and Debits | |
| Credits | |
| (i) Profit on Sale of Machinery | 70,000 |
| (ii) Dividend Received on Investments | 60,000 |
| Debits | |
| (i) Depreciation | 5,60,000 |
| (ii) Loss on Sale of Investments | 1,20,000 |
| Decrease or Increase in Current Assets and Current Liabilities is as follows | |
| Decrease in Current Assets (Other than cash and cash equivalents) | 40,000 |
| Increase in Current Liabilities | 6,04,000 |
| Increase in Current Assets (Other than cash and cash equivalents) | 12,00,000 |
| Decrease in Current Liabilities | 2,56,000 |
| Other Information | |
| Income Tax Paid | 4,72,000 |
| Refund of Income Tax Received | 12,000 |
8.
From the following particulars of Narayan Ltd, calculate net cash flow from financing activities.
| Particulars | 31st March 2014 Amt(Rs.) |
31st March 2015 Amt(Rs.) |
|---|---|---|
| Equity Share Capital | 12,00,000 | 18,00,000 |
| 18% Preference Share Capital | 8,00,000 | 2,00,000 |
| Securities Premium Reserve | 2,00,000 | 2,60,000 |
| 14% Debentures | 4,00,000 | 6,00,000 |
Additional Information
Preference dividend on preference shares and an interim dividend on equity shares @ 15% were paid on 30th September 2014.Preference shares were redeemed on 31st March 2015 at premium of 5%.Such premium has been provided out of profits.New shares and debentures were issued on 1st October 2014.
9.
Inspiring Minds Ltd provides the following information.Calculate cash flow from financing activities.
| Particulars | 31st March 2015 Amt(Rs.) |
31st March 2014 Amt(Rs.) |
|---|---|---|
| Equity Share Capital | 30,00,000 | 20,00,000 |
| 10% Debentures | --------- | 2,00,000 |
| 8% Debentures | 4,00,000 | ----- |
Additional Information
(i) Interest paid on debentures Rs.20.000.
(ii) Dividend paid Rs.1,00,000.
(iii) During the year 2014-2015, Inspiring Minds Ltd issued bonus shares in the ratio of 2:1 by capitalising reserve.
Write the values shown by the company in issuing bonus shares.
10.
Cash receipts from sale of goods by a trading company will come under which activity while preparing cash flow statement?
11.
Give an example of the activity which remains financing activity for every enterprise.
1.
Operating Profit before working capital changes Rs. 2,99,000; Net Cash from Operating Activities Rs. 3,01,800.
2.
Net Cash from Operating Activites Rs. 53,600; Net Cash used in Investing Activities (Rs. 92,600); Net Cash from Financing Activities Rs. 40,000.
[Hint. Purchase of fixed tangible assets Rs.92,600].
3.
Cash generated from Operating Activities Rs. 60,000
4.
Cash flow statement is a statement showing the changes in financial position of a business concern during different intervals of time in terms of cash and cash equivalents.
5.
Yes, as payment of dividend is associated with share capital of the company and therefore is a financing activity.
6.
Cash flow from financing activities=Rs.60,000; Cash used in investing activities=Rs.(14,000)
7.
Cash Flow from Operating Activities
| Particulars | Amt(Rs.) | |
|---|---|---|
| Net Profit after Tax | 28,12,000 | |
| (+) Provision for Tax (Net of refund)(Rs.6,12,000-Rs.12,000) | 6,00,000 | |
| Net Profit before Tax and Extraordinary Items | 34,12,000 | |
| Adjustments for | ||
| (+) Depreciation | 5,60,000 | |
| Loss on Sale of Investments | 1,20,000 | |
| (-) Profit on Sale of Machinery | (70,000) | |
| Dividend Received on Investments | (60,000) | 5,50,000 |
| Net Profit before Working Capital Changes | 39,62,000 | |
| (+) Decrease in Current Assets | 40,000 | |
| Increase in Current Liabilities | 6,04,000 | 6,44,000 |
| 46,06,000 | ||
| (-) Increase in Current Assets | (12,00,000) | |
| Decrease in Current Liabilities | (2,56,000) | (14,56,000) |
| Cash Flow from Operating Activities before Tax and Extraordinary Items | 31,50,000 | |
| (-) Income Tax Paid (Net of refund) (Rs.4,72,000-Rs.12,000) | (4,60,000) | |
| Cash Flow from Operating Activities | 26,90,000 | |
8.
Calculation of Net Cash Flow from Financing Activities
| Particulars | Amt(Rs.) |
|---|---|
| Issue of Equity Share Capital[Rs.18,00,000-Rs.12,00,000+Rs.60,000(Premium)] | 6,60,000 |
| Issue of Debentures [Rs.6,00,000-Rs.4,00,000] | 2,00,000 |
| Redemption of Prefernce Debentures[Rs.6,00,000+Rs.30,000] | (6,30,000) |
| Interest Paid on Debentures [(Rs.\(4,00,000\times 14/100\))+(Rs.\(2,00,000\times 14/100\times 6/12\))] | (70,000) |
| Interim Dividend Paid on Equity Shares[Rs.\(12,00,000\times 15/100\)] | (1,80,000) |
| Dividend Paid on Preference Shares[Rs.\(8,00,000\times 18/100\)] | (1,44,000) |
| Net Cash used in Financing Activities | (1,64,000) |
9.
Cash Flow from Financing Activities
| Particulars | Amt(Rs.) |
|---|---|
| Cash proceeds from the Issue of 8% Debentures | 4,00,000 |
| Redemption of 10% Debentures | (2,00,000) |
| Interest Paid | (20,000) |
| Dividend Paid | (1,00,000) |
| Cash Flow from Financing Activities | 80,000 |
10.
Operating activities.
11.
Dividend paid
12th Standard CBSE Syllabus & Materials
12th Standard CBSE
CBSE 12th Standard Biology Sexual Reproduction in Flowering Plants Sample Question Papers Study Material - QB365 Set 1
NEW12th Standard CBSE
CBSE 12th Chemistry d- and f- Block Elements Important Questions And Answers Study Material - QB365 Set B
NEW12th Standard CBSE
CBSE 12th Chemistry d- and f- Block Elements Important Questions And Answers Study Material - QB365 Set A
NEW12th Standard CBSE
CBSE 12th Chemistry Chemical Kinetics Important Questions And Answers Study Material - QB365 Set B
NCERT Books
Syllabus
Exam Pattern
Sample Question Papers
Previous year Question Papers
Important Notes
MCQ Practice test
NCERT Exemplers
Case study Questions
Image Based Questions
Passage based Questions
HOT Questions
Value Based Questions
Model Questions Papers
NCERT ( Book Back ) Questions
Assertion and Reason
Important Questions And Answers
CBSE 12th Standard CBSE Subjects
CBSE Standards
