Question 07 Chapter 5 of +2-B
Table of Contents
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
- Chapter No. 1 – Accounting Not for Profit Organisations
- Chapter No. 2 – Partnership Accounts – I (Introduction)
- Chapter No. 3 – Partnership Accounts – II (Goodwill: Nature and Valuation)
- Chapter No. 4 – Partnership Accounts – III (Reconstitution of Partnership)
- Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner)
- Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner)
- Chapter No. 7 – Partnership Accounts – VI (Dissolution of Partnership Firm)
- Chapter No. 8 – Company Accounts (Share Capital)
- Chapter No. 9 – Company Accounts (Issue of Debentures)
- Chapter No. 10 – Company Accounts (Redemption of Debentures)
Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution
- Chapter No. 1 – Financial Statements of a Company
- Chapter No. 2 – Financial Statement Analysis
- Chapter No. 3 – Tools of Financial Statement Analysis- Comparative and Common Size
- Chapter No. 4 – Ratio Analysis
- Chapter No. 5 – Cash Flow Statement
Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication
