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 :

  Particulars Note No.
I Revenue from operations    
  Sales    2,76,000
II Other Incomes    
  Commission    2,000
  Profit on sale of building (1,24,000-1,00,000)    24,000
III Total Revenue   3,02,000
IV Expenses     
  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
V Profit 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

Leave a Reply