Page 12 - AAAXII

Model Test Papers M.9
23. (a) From the following information, calculate Cash Flow from Investing Activities:

Particulars Closing (`) Opening (`)
Machinery (At cost) 4,20,000 4,00,000
Accumulated Depreciation 1,10,000 1,00,000
Patents 1,60,000 2,80,000
Additional Information:
(i) During the year, a machine costing ` 40,000 with its accumulated depreciation of
` 24,000 was sold at a profit of 25% of book value.
(ii) Patents were written off to the extent of ` 40,000 and some patents were sold at
a profit of ` 20,000.
(b) From the following information, calculate Cash Flow from Financing Activities:

Particulars 31st March, 31st March,
2018 (`) 2017 (`)
Equity Share Capital 15,00,000 10,00,000
10% Debentures ... 1,00,000
8% Debentures 2,00,000 ...
Additional Information:
(i) Interest paid on Debentures ` 10,000.
(ii) Dividend paid ` 50,000.
(iii) During the year 2017–18, company issued bonus shares in the ratio of 2 : 1 by
capitalising reserve. (3 + 3)