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

Statement I: In case of non-financial enterprises, payment of interest and dividend are classified as financing activities. Statement II: In case of financial enterprises, payment of interest and dividend are classified as investing activities. Choose the correct option from the following:
When an arithmetic expression or function is executed, the value produced is known as:
From the following information obtained from the books of 'Ajanta Ltd.', calculate Cash from Operations: Net Profit for the year ended 31st March, 2025 after charging depreciation of ₹ 80,000 and after writing off goodwill ₹ 10,500 was ₹ 4,90,000. Additional Information:
The following information has been extracted from the books of Ram Lal Ltd.:

Comparative Financial Data as on 31st March, 2024 and 2023

Particulars31.03.2024 (₹)31.03.2023 (₹)
Surplus (P&L)17,00,0008,00,000
Patents--50,000
Sundry Debtors5,80,0004,20,000
Sundry Creditors1,40,00060,000
Cash and Cash Equivalents2,00,00090,000
Additional Information: Interim dividend paid during the year was \textrupee{ 1,20,000}.
Statement I: Snow Ltd. made a net profit of ₹ 5,00,000 after taking into consideration interest on investment of ₹ 1,00,000. Operating profit before working capital changes would be ₹ 4,00,000.
Statement II: To calculate operating profit, before working capital changes, interest on investment is subtracted from net profit because it is a non-operating income.
Choose the correct option:
Cash Flow Statement is prepared in accordance with:

\(\textit{Statement I:}\) In case of non-financial enterprises, payment of interest and dividends are classified as financing activities, whereas receipt of interest and dividends are classified as investing activities. 
\(\textit{Statement II:}\) Investing and financing transactions that require the use of cash or cash equivalents, should be excluded from cash flow statement. 
Choose the correct alternative from the following:

Which of the following transactions will not result in the inflow of cash ?
Calculate 'Cash Flows from Investing Activities' from the given information:

Comparative Statement of Assets

Particulars31.03.2024 (₹)31.03.2023 (₹)
10% Long Term Investments2,50,0004,50,000
Plant and Machinery8,00,0006,00,000
Goodwill1,40,0001,00,000
Investment in shares of Pinnacle Ltd.14,00,0005,00,000
Patents-1,50,000
From the following information, calculate Cash Flows from Financing Activities :
Particulars 31-03-2024 (₹)31-03-2023 (₹)
Equity Share Capital12,00,0008,00,000
11% Debentures3,00,0004,00,000
Securities Premium1,40,0001,00,000
Additional Information :
Interest paid on debentures amounted to ₹ 40,000.
From the following information, calculate Cash Flows from Investing Activities :
Particulars 31-03-2024 (₹)31-03-2023 (₹)
Machinery (at cost)3,80,0003,00,000
Accumulated Depreciation62,00045,000
Additional Information :
A machine costing ₹ 50,000 on which accumulated depreciation was ₹ 20,000 was sold at a profit of 10%.
Statement– I : Investing activities are the acquisition and disposal of long-term assets and other investments not included in cash equivalents.
Statement– II : Cash payments to acquire fixed assets including intangibles and capitalised research and development results in cash outflow from investing activities.
Choose the correct option from the following :
Which of the following statements is incorrect ?
Cash payments to suppliers for goods and services.
Dividend received from investments in other enterprises.
Cash receipts from royalties, fees, commissions and other revenues.
Cash repayments of amounts borrowed.
Which of the following are operating activities for the purpose of preparing cash flow statement?
Cash payments to suppliers for goods and services.
Dividend received from investments in other enterprises.
Cash receipts from royalties, fees, commissions and other revenues.
Cash repayments of amounts borrowed.
From the given ‘VLOOKUP’ syntax, find out the error and its reason using the worksheet: 
‘VLOOKUP’ syntax,
(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 
 
“A value or function or an arithmetic expression is recorded in ........”
From the following Balance Sheet of Yogita Ltd., calculate ‘Cash flows from Investing Activities’ and ‘Cash flows from Financing Activities’. Show your working properly.
Yogita Ltd.,
Yogita Ltd.,
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 1st April, 2022. 
 
Which of the following transactions will result in a flow of cash?
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 .......
Tax paid during the year ended
Shyam Sunder Ltd. is a financing company. Under which of the following activity will the amount of ‘Interest paid on loan’ be shown: