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

Question 12 Chapter 5 of +2-B

Question 12 Chapter 5 of +2-B

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 1,00,000By Cash Purchases20,000
To Cash Sales  40,000By Payments to suppliers1,27,000
To Collection from Customers 50,000By Office & Selling expenses50,000
To Trading Commission1,00,000By Tax 30,000
To Sale of Investments10,000By Purchase of Investments20,000
To Loan from Bank1,00,000By Repayment of Bank Loan 80,000
To Interest & Dividend on Investment 1,000By Interest on Bank Loan10,000
  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

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

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