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Question 5 Chapter 8 - Unimax Publication Class 12 Part 2 - 2021
5.the following is the positing of current assets and liabilities of Ashoka Ltd:
| Particulars | 2021 (₹) | 2022 (₹) |
| Debtors | 20,000 | 25,000 |
| Creditors | 15,000 | 17,000 |
| Bills payable | 18,000 | 20,000 |
| Stock | 16,000 | 26,000 |
The company incurred a loss of 18,000 during the year. Calculate cash from operating activities:
Calculation of cash flow from operating activities.
| ₹ | ||
|---|---|---|
| Net loss as per profit and loss a/c | (18,000) | |
| Add: increase in current liabilities decrease in current assets | ||
| Increase in creditors | 2,000 | |
| Bills payable | 2,000 | 4,000 |
| (14,000) | ||
| Less: increase in current assets decrease in current liabilities | ||
| Debtors | (5,000) | |
| Stock | (10,000) | (15,000) |
| Cash used in operating activities | (29,000) | |
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