Question 10 Chapter 5 of +2-B – USHA Publication 12 Class

Question 10 Chapter 5 of +2-B

Question 10 Chapter 5 of +2-B

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

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 10 Chapter 5 of +2-B  - USHA Publication 12 Class
T.S. Grewal’s Analysis of Financial Statement

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