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  1,00,000 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

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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