Loading Tutorstips...
✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
Question 4 Chapter 8 - Unimax Publication Class 12 Part 2 - 2021
4. The following is the position of current assets and current liabilities of Z Ltd:
| Particulars | 2021 (₹) | 2022 (₹) |
| Provision for bad debts | 1,000 | - |
| Shorts-term loans | 10,000 | 19,000 |
| Creditors | 15,000 | 10,000 |
| Bills receivable | 20,000 | 40,000 |
The company incurred a loss of 45,000 during the year. Calculate cash from operating activities.
Calculation of cash flow from opening CTIVITIES.
| ₹ | ||
|---|---|---|
| Net loss as per profit and loss a/c | (45,000) | |
| Add: increase in current liabilities decrease in current assets | ||
| Short term loans | 9,000 | |
| (36,000) | ||
| Less: decrease in current liabilities | ||
| Creditors | (5,000) | |
| Provision for b/d | (1,000) | |
| Increase in current assets | ||
| Bills receivable | (20,000) | (26,000) |
| Cash used in operating activities. | (62,000) | |
Thanks, Please Like and share with your friends
Comment if you have any Doubts.
https://tutorstips.com/what-is-the-cash-flow-statement-why-do-we-need-prepare/
Check out T.S. Grewal +2 Book 2023@ Official Website of Sultan Chand Publication
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 4 Chapter 8 -Unimax Publication Class 12 Part 2 - 2021", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to Unimax Publication Class 12 Part 2 - 2021.
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 4 Chapter 8 -Unimax Publication Class 12 Part 2 - 2021" instantly.
