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 15,000Gross Profit45,000
Rent 10,000Profit on sale of Land4,000
Depreciation 2,000Income Tax Refund4,000
Loss on Sale of Plant 1,000  
Goodwill wrote off4,000  
Proposed Dividend 5,000  
Provision for Taxation5,000  
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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