CBSE 2025 · Region 6 · Set 1 · Q30

There are two statements : Statement I : The balance in the Statement of Profit and Loss in the Balance Sheet of Samta Ltd. showed a deficit of $\displaystyle 2,00,000$ on $\displaystyle 31.03.2023$ and a surplus of ₹ $\displaystyle 3,00,000$ on 31.3.2024. ₹ $\displaystyle 5,00,000$ will be considered as profit earned during the year for preparing Cash Flow Statement. Statement II : On $\displaystyle 31.03.2023$ the goodwill account of Zeeta Ltd. showed a balance of $\displaystyle 4,00,000$ and on $\displaystyle 31.03.2024$ it showed a balance of ₹ $\displaystyle 5,00$,000. ₹ $\displaystyle 1,00,000$ will be considered as goodwill acquired during the year for the preparation of Cash Flow Statement. Choose the correct option from the following :