Question 07 Chapter 5 of +2-B – USHA Publication 12 Class

Question 07 Chapter 5 of +2-B

Question 07 Chapter 5 of +2-B

Cash Flow From Operating Activities

7. Compute Cash Flow from Operating Activities from the following Profit and Loss Account:

Particulars  ₹ Particulars
Salary  15,000 Gross Profit 45,000
Rent  10,000 Profit on sale of Land 4,000
Depreciation  2,000 Income Tax Refund 4,000
Loss on Sale of Plant  1,000    
Goodwill wrote off 4,000    
Proposed Dividend  5,000    
Provision for Taxation 5,000    
Net Profit  11,000    
  53,000   53,000

The solution of Question 07 Chapter 5 of +2-B: – 


Cash Flow from Operating Activities
Particulars
Rs
Profit as per Profit and Loss Account   11,000
Add: Depreciation   2,000
Loss on Sale of Plant   1,000
Goodwill written off   4,000
Proposed Dividend   5,000
Provision for Taxation   5,000
Less: Profit on sale of Land   4,000
Income Tax Refund   4,000
Cash Flow from Operating activities   20,000


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 07 Chapter 5 of +2-B  - USHA Publication 12 Class
T.S. Grewal’s Analysis of Financial Statement

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