Question 05 Chapter 5 of +2-B – USHA Publication 12 Class

Question 05 Chapter 5 of +2-B

Question 05 Chapter 5 of +2-B

Cash Flow From Operating Activities
Direct Method (not meant for PSEB Students)

5. From the information, supplied by Rajan Gupta calculate cash flow from operating activities:

 
Cash Sales 1,00,000
Cash received from debtors  30,000
Commission received 10,000
Cash purchases 25,000
Cash paid to the supplier of goods 19,000
Office expenses paid 5,000
Selling & Distribution Expenses  3,000
Insurance Premium paid 2,000
Income tax paid 12,000

The solution of Question 05 Chapter 5 of +2-B: – 


Cash Flow from Operating Activities
Particulars
Rs
Cash Sales 50,000  
Cash Received from debtors 80,000  
Commission Received 10,000 1,40,000
Operating expenses in cash    
Cash purchases 25,000  
Cash paid to the supplier of goods 19,000  
Office expenses 7,000  
Selling & Distribution Expenses 3,000  
Salaries for Staff 12,000  
Insurance Premium paid 2,000 (68,000)
Cash flow from operating activities before Taxes   72,000
Less: Income tax paid   (12,000)
Cash Flow from Operating activities   60,000


Also, Check out the solved question of previous Chapters: –

Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

2 Book 3 min 225x300 - Question 05 Chapter 5 of +2-B  - USHA Publication 12 Class
T.S. Grewal’s Analysis of Financial Statement

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