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

Question 12 Chapter 5 of +2-B

Question 12 Chapter 5 of +2-B

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)

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

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

2 Book 3 min 225x300 - Question 12 Chapter 5 of +2-B  - T.S. Grewal 12 Class
T.S. Grewal’s Analysis of Financial Statements

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