Question 08 Chapter 5 of +2-B – USHA Publication 12 Class

Question 08 Chapter 5 of +2-B

Question 08 Chapter 5 of +2-B

Cash Flow From Operating Activities

8. Calculate cash from operating activities from the following details :

 ParticularsNote No.
IRevenue from operations  
 Sales  2,76,000
IIOther Incomes  
 Commission  2,000
 Profit on sale of building (1,24,000-1,00,000)  24,000
IIITotal Revenue 3,02,000
IVExpenses   
 Employees Benefit expenses 50,000
 Wages (Including outstanding ₹ 10,000) 24,000
 Salaries (Including outstanding ₹ 8,000) Office expenses 20,000
 Purchase of stock- in -trade  1,86,000
 Changes in inventories of finished goods  -12,000
 Depreciation  11,000
 Goodwill amortized 6,400
 Total expenses 2,85,400
VProfit before tax (III-IV)  16,600

The solution of Question 08 Chapter 5 of +2-B: – 


Cash Flow from Operating Activities
Particulars
Rs
Profit as per Profit and Loss Account 16,600
Add: Depreciation 11,000
Goodwill Amortized 6,400
Decrease in Stock 12,000
Less: Profit on sale of Building 24,000
Commission 2,000
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 08 Chapter 5 of +2-B  - USHA Publication 12 Class
T.S. Grewal’s Analysis of Financial Statement

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