Question 12 Chapter 5 of +2-B
Table of Contents
Cash Flow From Operating Activities
12. From the following information, calculate Cash Flow from Operating Activities :
| SUMMARY CASH ACCOUNT | |||
| FOR THE YEAR ENDED 31.3.2016 | |||
| Receipts | ₹ | Payments | ₹ |
| To Balance b/d | 1,00,000 | By Cash Purchases | 20,000 |
| To Cash Sales | 40,000 | By Payments to suppliers | 1,27,000 |
| To Collection from Customers | 50,000 | By Office & Selling expenses | 50,000 |
| To Trading Commission | 1,00,000 | By Tax | 30,000 |
| To Sale of Investments | 10,000 | By Purchase of Investments | 20,000 |
| To Loan from Bank | 1,00,000 | By Repayment of Bank Loan | 80,000 |
| To Interest & Dividend on Investment | 1,000 | By Interest on Bank Loan | 10,000 |
| By Balance on c/d | 64,000 | ||
| 4,01,000 | 4,01,000 | ||
The solution of Question 12 Chapter 5 of +2-B: –
Cash Flow from Operating Activities |
||
| Particulars |
Rs |
|
| Profit as per Profit and Loss Account | 64,000 | |
| Add: Depreciation | 2,000 | |
| Loss on Sale of Plant | 1,000 | |
| Goodwill wrote off | 4,000 | |
| Proposed Dividend | 5,000 | |
| Provision for Taxation | 5,000 |
|
| Less: Profit on sale of Land | 4,000 | |
| Income Tax Refund | 4,000 | |
| Cash Flow from Operating activities | 20,000 | |
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
