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CUET Accountancy 2022 PYQs20 July Shift 1. Free, no login required.

Financial Statements

past year questions, CUET Accountancy 2022 20 July Shift 1

Cash Flow

past year questions, Financial Statements, CUET Accountancy 2022 20 July Shift 1

Medium

Identify the items NOT be shown under Investing Activities while making Cah Flow statement.

(a) Proposed Dividend

(b) Purchase of non-current Investments

(c) Interest paid on long term borrowings

(d) Sale of machinery

(e) Marketable securities

Choose the most appropriate answer from the options given below :

Solution

✅ Correct Option: 2

Proposed Dividend (a) is not recorded as a cash outflow in the current year. Interest paid on long-term borrowings (c) is classified under Financing Activities. Marketable securities (e) are Cash Equivalents. Purchase of non-current investments (b) and sale of machinery (d) are genuine Investing items.

Related questions:

2023: 28 May Shift 1

Calculate and state the nature of activity under cash flow statement :

Acquired Machinery for Rs. 5,00,000 paying 50% by cheque and executing a bond for the balance payable :

2022: 30 Aug Shift 2

If net profit made during the year are Rs. 50,000 and the bills receivables have decreased by Rs. 10,000 during the year then the cash flow from operating activities will be:

2022: 23 Aug Shift 2

Nitin Ltd. provides you the following information.

Particulars1 April 202131 March 2022
Machinery2,40,0003,50,000
Accumulated Depreciation50,00045,000

During the year, a machine costing Rs. 90,000 with accumulated depreciation of Rs. 31,500 was sold for Rs. 52,000.

Calculate Cash Flow from Investing Activities on the basis of the above information.

2023: 11 June Shift 3

Calculate cash flow from financing Activities of X Ltd. which is a financing company.

Issue of shares Rs. 1,00,000

Issue of Bonus shares Rs. 50,000

Dividend paid Rs. 10,000

Interest paid Rs. 5,000

2022: 8 Aug Shift 2

Which one of the following is not a 'Cash Outflow'?

2023: 20 June Shift 2

ParticularsAmount (Rs.)
Inventory at the beginning40,000
Credit Purchase1,60,000
Inventory at the end38,000
Trade payable at the beginning14,000
Trade payable at the end14,500

Cash paid for inventory is:

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CUET Accountancy Past Year Questions (Topic-Wise)