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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

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

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

Operating profit (after provision for tax 43,000) 80,00080,000
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
Depreciation19,000 
Interest and debentures 11,00030,000
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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