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✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
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Question 25 Chapter 5 of +2-B
Indirect Method
25. (Cash Flow from Operating Activities/Income Tax & Refund) From the following balances you are required to calculate cash from operations :
| 2016-17 ₹ | 2017-18 ₹ | |
| Trade Receivables | 59,500 | 60,000 |
| Trade Payable | 31,000 | 28,000 |
| Outstanding expenses | 1,200 | 1,000 |
| Prepaid expenses | 700 | 800 |
| Accrued income | 750 | 600 |
| Income Received in advance | 250 | 300 |
| Profit made during the year | - | 1,30,000 |
Cash Flow from Operating Activities
| Particulars |
Rs |
|
|---|---|---|
| Profit as per Statement of Profit & Loss | 1,30,000 | |
| Add: Decrease in Current Assets: | ||
| Accrued Income | 150 | |
| Add: Increase in Current Liabilities: | ||
| Advance Income | 50 | 200 |
| 1,30,200 | ||
| Less: Increase in Current Assets: | ||
| Trade Receivable | 500 | |
| Prepaid Expenses | 100 | |
| Less: Decrease in Current Assets: | ||
| Trade Payable | 3,000 | |
| Outstanding Expenses | 200 | 3,800 |
| Cash Flow from Operating activities | 1,26,400 | |
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 25 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.
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