Question 16 Chapter 8 -Unimax Publication Class 12 Part 2

Question 16 Chapter 8 – Unimax Publication Class 12 Part 2 – 2021

Table of Contents

The solution of Question 16 Chapter 8 – Unimax Publication Class 12 Part 2-2021 : –

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

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

16. the following is the profit and loss A/c.

Profit and loss account
for the year ended march,31st 2022

Particulars	(₹)	(₹)
Sales		10,00,000
Cost of goods sold:
Opening Stock	2,50,000
Purchase	5,00,000
	7,50,000
Less: closing stock	2,00,000	5,50,000
Gross profit		4,50,000
Operating expenses		3,00,000
Net profit		1,50,000

Additional information:
1.trade debtors decrease by 30,000 during the year.
2.prepaid expenses increase by 5,000 during the year.
3.trade creditors decreased by 15,000 during the year.
4. outstanding expenses include by 3,000 during the year.
5. operating expenses include depreciation of 25,000.
You are required to computer net cash flow from operating activities.

The solution of Question 16 Chapter 8 – Unimax Publication Class 12 Part 2-2021 : –

Calculation of cash flow from operating activities.

		₹
Net profit as per P & L A/c		1,50,000
Add: non-cash expenses
Depreciation		25,000
Operating profits before working capital changes		1,75,000
Add: increase in current liabilities
Outstanding expenses	3,000
Decrease in current assets
Stock (2,50,000-2,00,000)	5,0000
Debtors	30,000	83,000
		2,58,000
Less: decrease in current liabilities
Creditors	(15,000)
Increase in current assets
Prepaid expenses	(5,000)	(20,000)
cash flow from operating activities		2,38,000