Question 12 Chapter 5 of +2-B
Table of Contents
12. Calculate Cash Flow from Operating Activities from the following details:
| Particulars | Rs |
| Net Profit after Provision for Tax and Payment of Dividend | 2,15,000 |
| Provision for Tax | 45,000 |
| Final Dividend paid during the year | 50,000 |
| Depreciation | 25,000 |
| Loss on Sale of Machinery | 10,000 |
| Patents Amortised | 30,000 |
| Gain on Sale of Land | 70,000 |
| Income Tax Refund | 30,000 |
The solution of Question 12 Chapter 4 of +2-B: –
Cash Flow Statement for the year ended 31st March, 2019 |
||
| Particulars |
Rs |
|
| I. Cash Flow from Operating Activities | ||
| Net Profit Before Taxation and Extraordinary Items | 2,15,000 | |
| Add: Provision for Tax | 45,000 | |
| Proposed Dividend | 50,000 | 95,000 |
| Profit Before Taxation | 3,10,000 | |
| Add: Depreciation | 25,000 | |
| Loss on Sale of Machinery | 10,000 | |
| Patents Amortised | 30,000 | 65,000 |
| Less: Income Tax Refund | 30,000 | |
| Gain on Sale of Land | 70,000 | 1,00,000 |
| Operating Profit before Working Capital Changes | 2,75,000 | |
| Less: Net Tax Paid | ||
| Provision for Tax | 45,000 | |
| Income Tax Refund | 30,000 | 15,000 |
| Operating profit before Working Capital Changes | 2,60,000 | |
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Also, Check out the solved question of previous Chapters: –
T.S. Grewal’s Double Entry Book Keeping +2 (Vol. I: Accounting for Not-for-Profit Organizations and Partnership Firms)
- Chapter No. 1 – Financial Statement of Not-For-Profit Organisations
- Chapter No. 2 – Accounting for Partnership Firms – Fundamentals
- Chapter No. 3 – Goodwill: Nature and Valuation
- Chapter No. 4 – Change in Profit-Sharing Ratio Among the Existing Partners
- Chapter No. 5 – Admission of a Partner
- Chapter No. 6 – Retirement/Death of a Partner
- Chapter No. 7 – Dissolution of a Partnership Firm
T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)
- Chapter No. 8 – Company Accounts – Accounting for Share Capital
- Chapter No. 9 – Company Accounts – Issue of Debentures
- Chapter No. 10 – Redemption of Debentures
T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)
- Chapter No. 1 – Financial Statements of a Company
- Chapter No. 2 – Financial Statement Analysis
- Chapter No. 3 – Tools of Financial Statement Analysis – Comparative Statements and Common- Size Statements
- Chapter No. 4 – Accounting Ratios
- Chapter No. 5 – Cash Flow Statement
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