Question 10 Chapter 5 of +2-B
Table of Contents
Cash Flow From Operating Activities
10. Calculate net cash flows from operating activities from the following information
Particulars | 31-3-2015 (₹) | 31-3-2016 (₹) |
Debtors | 60,000 | 50,000 |
Prepaid Expenses | 25,000 | 23,000 |
Accrued Income | 32,000 | 28,000 |
Income received in advance | 3,500 | 4,500 |
Creditors | 35,000 | 22,000 |
Bills Payable | 8,000 | 9,000 |
Outstanding Expenses | 80,000 | 90,000 |
Profit made during 2011 amounted to 1,00,000 after taking into account the following adjustments :
(i) Profit on sale of investments | 2,000 |
(ii) Loss on sale of machine | 900 |
(iii) Goodwill Amortized | 3,000 |
(iv) Depreciation Charged | 2,900 |
The solution of Question 10 Chapter 5 of +2-B: –
Cash Flow from Operating Activities |
||
Particulars |
Rs |
|
Profit as per Profit and Loss Account | 1,00,000 | |
Add: Decrease in Accrued Income | 300 | |
Increase in Advance Income | 200 | |
Increase in Creditors | 2,000 | |
Loss on sale of machine | 900 | |
Depreciation | 2,900 | |
Goodwill Amortized | 3,000 | |
1,09,300 | ||
Less: Increase in Debtors | 4,000 | |
Increase in Prepaid Expenses | 700 | |
Decrease in Bills Payable | 2,000 | |
Decrease in Outstanding Expenses | 2,000 | |
Profit on sale of Investment | 2,000 | |
Cash Flow from Operating activities | 98,600 |
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

Leave a Reply