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Question 16 Chapter 5 of +2-B
Cash Flow From Operating Activities
16. The following is the position of current assets and current liabilities of X limited.
| Opening ₹ | closing ₹ | |
| Provision for doubtful debts | 1,000 | - |
| Short term loans | 10,000 | 19,000 |
| Creditors | 15,000 | 10,000 |
| Bills Receivable | 20,000 | 40,000 |
Cash Flow from Operating Activities
| Particulars |
Rs |
|
|---|---|---|
| Loss as per Profit and Loss Account | 45,000 | |
| Less: Increase in cureent Assets | ||
| Bills Receivable | 20,000 | |
| Less: Dncrease in cureent Liabilities | ||
| Creditors | 5,000 | |
| Provision for doubtful debts | 1,000 |
|
| Cash used in Operating activities | 71,000 | |
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.
This guide covers "Question 16 Chapter 5 of +2-B - USHA Publication 12 Class", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to USHA Publication Part 2 volume I.
It is primarily curated for Class 11 and Class 12 high school commerce, accounting, and economics students, as well as aspirants preparing for board exams or CA Foundation.
You can take our custom-built interactive practice quiz directly on this page to test your understanding of "Question 16 Chapter 5 of +2-B - USHA Publication 12 Class" instantly.
19 February 2022
19 February 2022
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