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✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
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Question 20 Chapter 15 of Class 12 Part – 2 – 2024
Indirect Method
20. (Cash from Operating Activities) From the following Balance Sheet calculate Cash from Operating activities
BALANCE SHEET
| Particular | Figures for the current reporting period | Figures for the previous reporting period |
| I. Equity and Liabilities | ||
| Shareholders Funds : | ||
| Share Capital | 57,000 | 52,000 |
| Reserves and Surplus : | ||
| Surplus i.e. balance in Statement of Profit and Loss | 14,700 | 8,700 |
| Non-Current Liabilities | ||
| Mortgage | 1,000 | - |
| Current Liabilities | ||
| Trade Payable | 5,000 | 5,400 |
| 77,700 | 66,100 | |
| II. Assets | ||
| Non-current Assets | ||
| Freehold Property | 34,000 | 34,000 |
| Plant | 23,000 | 15,000 |
| Current Assets | ||
| Inventories | 3,600 | 4,800 |
| Trade Receivable | 11,400 | 9,600 |
| Cash and Cash equivalents: | ||
| Cash | 5,700 | 2,700 |
| 77,700 | 66,100 |
Cash Flow from Operating Activities
| Particulars |
Rs |
|
|---|---|---|
| Net Profit as per Statement of Profit and Loss | 6,000 | |
| Operating Profit before the change in working capital | 6,000 | |
| Add: Decrease in Current Assets | ||
| Inventories | 1,200 | |
| 7,200 | ||
| Less: Decrease in Current Liabilities | ||
| Trade Payable | 400 | |
| Less: Increase in Current Assets | ||
| Trade Receivable | 1,800 | 2,200 |
| Cash Flow from Operating activities | 5,000 | |
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.
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