Solution 34 of cbse sample paper 2025-26 | Accountancy Class 12 @sethsaccountancytricks
Solution 34 of cbse sample paper 2025-26 | Accountancy Class 12 @sethsaccountancytricks 34. Extracts of the Balance Sheets of M/s Agrawal Ltd. as on 31st March,2024 and 31st March 2025 along with additional information are given below. You are required to calculate: (i) Operating profit before changes in working capital. (ii) Cash Flows from Financing Activities. 31.03.2025 31.03.2024 Equity Share Capital 12,00,000 9,00,000 10% Preference Share Capital 4,00,000 5,00,000 Cash Credit 2,50,000 1,00,000 Profit and Loss (Cr.) 8,00,000 6,00,000 12% Debentures 4,00,000 3,00,000 Bank overdraft 1,00,000 75,000 Outstanding Interest on Debentures 3,000 -------- Additional Information: a) New equity shares and debentures were issued on last day the current accounting year ended 31st March, 2025. Debentures were issued at a discount of 5% which was written off at the end of the year. b) Dividend on preference shares and interim dividend @ 15% were paid on equity shares on 31st March, 2025 c) Preference Shares were redeemed on 1st April, 2025 at a premium of 5%. The premium was provided out of profits.
