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Vivek Consultancy… (Class 12 Accountancy SQP 2026-27, Q29)

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AccountancyCBSE Class 12 · Sample paper, session 2026-27 · 1 mark · MCQ

CBSE Class 12 Accountancy sample paper 2026-27: question 29

From the official CBSE sample question paper for 2026-27, section B-I, question 29, for 1 mark. Try it first; the hints and our step-by-step solution are below.

Q29 · 1 mark · MCQCash Flow Statement

Vivek Consultancy Private Limited purchased furniture for ₹20,00,000 paying 60% by issue of equity shares of ₹10 each and the balance by a cheque. This transaction will result in:

  1. (A)Cash used in Investing activities ₹20,00,000 and Cash generated from financing activities ₹ 12,00,000.
  2. (B)Cash used in investing activities ₹ 8,00,000.
  3. (C)Cash used in investing activities ₹ 20,00,000.
  4. (D)Cash generated from financing activities ₹ 12,00,000.

Source: official sample paper from cbseacademic.nic.in (PDF). See it in the full Sample paper 2026-27.

Hints

Open one hint at a time and try again before the next.

Hint 1

Does issuing shares to a supplier bring in cash?

Hint 2

Only the cheque payment is a cash flow.

Step-by-step solution

Each step shows the marks it earns, as an examiner would award them. Checked by an independent re-solve from the question paper.

  1. 60% of ₹ 20,00,000 (₹ 12,00,000) is paid in shares: a non-cash transaction, kept out of the cash flow statement.

  2. Only the cheque of ₹ 8,00,000 is a cash outflow, under investing activities. Option (B).

    1 mark

Answer: (B) Cash used in investing activities ₹ 8,00,000.

Where the marks are

  • Shares issued for an asset are non-cash (1 mark)

Revise the chapter

Practise this chapterBoard-style questions from Cash Flow Statement, one at a time, marked against the answer key and marking points.Back to the full paperSample paper 2026-27: every question, by section.

The question is transcribed from the official paper; figures are described in words. The solution, hints and chapter tag are ours. Spotted an error? Write tosupport@questionbuddy.in.