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Question 08 Chapter 5 of +2-B
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Table of Contents
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 |
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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 | |
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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
