
Question 7 Chapter 8 - Unimax Publication Class 12 Part 2 - 2021
7. from the following information, calculate cash flow from operating activities:
| Particulars | March 31,2021 | March 31,2022 |
| Balance of profit and loss a/c | 30,000 | 40,000 |
| Debtors | 40,000 | 32,000 |
| General reserve | 15,000 | 22,000 |
| Salary outstanding | 20,000 | 30,000 |
| Goodwill | 40,000 | 38,000 |
CASH FLOW FROM OPERATING ACTIVITIES
| particulars | Amount | |
|---|---|---|
| Net profit | 10,000 | |
| Transfer to general reserve | 7,000 | |
| Add GW written off | 2,000 | |
| Add decrease in current assets | 8,000 | |
| Add int. in current liabilities | 10,000 | |
| Cash flow from operating activities | 37,000 | |
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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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