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✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
Question 15 Chapter 5 of +2-B
15. Calculate Cash Flow from Operating Activities from the following information.
| Particulars | (Rs) |
| Net Profit (Difference between Closing and Opening Balance of Surplus, i. e. ,Balance in Statement of Profit and Loss) | 8,00,000 |
| Final Dividend paid in the year | 1,10,000 |
| Compensation for Natural Disaster credited to Statement of Profit and Loss | 75,000 |
| Depreciation | 1,50,000 |
| Loss on Sale of Investment | 30,000 |
| Gain Profit on Sale of Land | 90,000 |
| Provision for Tax | 1,10,000 |
| Dividend Received | 20,000 |
| Decrease in Current Assets Other than Cash and Cash Equivalents | 40,000 |
| Increase in Current Liabilities | 70,000 |
| Decrease in Current Liabilities | 10,000 |
| Increase in Current Assets Other than Cash and Cash Equivalents | 60,000 |
| Income Tax Refund | 10,000 |
| Income Tax Paid | 1,20,000 |
Cash Flow From Operating Activities
| Particulars |
Rs |
|
|---|---|---|
| Profit as per Statement of Profit and Loss | 8,00,000 | |
| Add: Provision for Tax | 1,10,000 | |
| Add: Proposed Dividend | 1,10,000 | |
| Less: Income Tax Refund | 10,000 | |
| Less: Compensation for Natural Disaster | 75,000 | |
| Profit Before Tax and Extraordinary items | 9,35,000 | |
| Items to be Added: | 55,000 | |
| Depreciation on Plant and Machinery | 1,50,000 | |
| Add: Gain on Sale of Investments | 30,000 | 1,80,000 |
| Items to be Deducted: | 11,15,000 | |
| Profit on Sale of Land | 90,000 | |
| Dividend Received | 20,000 | 1,10,000 |
| Operating Profit before Working Capital Adjustments | 10,05,000 | |
| Add: Increase in Current Liabilities | 70,000 | |
| Add: Decrease in Current Assets | 40,000 | 1,10,000 |
| Cash Generated from Operations before tax and Extraordinary items | 11,15,000 | |
| Less: Decrease in Current Liabilities | 10,000 | |
| Less: Increase in Current Assets | 60,000 | 70,000 |
| Cash Flow from Operating Activities after Tax | 10,45,000 | |
| Less: Tax Paid | 1,20,000 | |
| Cash Flow from operations after Tax | 9,25,000 | |
| Add: Compensation for Natural Disaster | 75,000 | |
| Add: Income Tax Refund | 10,000 | |
| Net Cash Flows from Operating Activities | 10,10,000 | |
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Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.
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