Question 15 Chapter 8 -Unimax Publication Class 12 Part 2 – 2021

Question no 15 Chapter no 8 unimax class12 part 2
Question no 15 Chapter no 8 unimax class12 part 2

Question 15 Chapter 8 – Unimax Publication Class 12 Part 2 – 2021

15.calculate cash from operating activities from the following information:

Operating profit (after provision for tax 43,000) 80,000 80,000
Depreciation  19,000
Operating expenses paid  58,000
Income tax paid  33,000
Return of tax received  3,000
Interest on debentures paid  11,000

The solution of Question 15 Chapter 8 – Unimax Publication Class 12 Part 2-2021 : –

Calculation of cash flow from operating activities.

 
Operating profit (after tax)   80,000
Non-cash, non-operating expenses    
Add: provision for tax (net of refund) (43,000-3,000)   40,000
Depreciation 19,000  
Interest and debentures  11,000 30,000
Cash from operating before tax   1,50,000
Less: income tax paid (net of refund) (33,000-3,000)   (30,000)
Net cash from operating activities   1,20,000

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Unimax Publication – Accountancy PSEB Class 12 – Volume I – Solution

Unimax Publication – Accountancy PSEB (Class 12) – Part – II – Solution

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