Question 12 Chapter 5 of +2-B - T.S. Grewal 12 Class

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

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: –

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

Question 12 Chapter 5 of +2-B – T.S. Grewal 12 Class