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Question 17 Chapter 5 of +2-B
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Table of Contents
Indirect Method
17. (Cash Flow from Operating Activities) From the following information calculate cash from operating activities by indirect method.
STATEMENT OF PROFIT AND LOSS FOR THE YEAR ENDED | |||
Particular | ₹ | ||
I | Revenue from Operations | 50,000 | |
II | Other Incomes (Profit on Sale of Investments) | 10,000 | |
III | Total Revenue | 60,000 | |
IV | Expenses: | ||
Depreciation and Amortization Expenses | -15,000 | ||
Other Expenses: | |||
Salaries | 10,500 | ||
Office Expenses | 5,000 | 15,500 | |
V | Profit before Exceptional and Extraordinary item | 29,500 | |
VI | Exceptional items | ||
Loss on Sale of Machinery | -2,500 | ||
Profit before Tax | 27,000 |
The solution of Question 17 Chapter 5 of +2-B: –
Cash Flow from Operating Activities | ||
Particulars | ₹ | |
Profit as per Profit and Loss Account | 27,000 | |
Add: Loss on sale of machinery | 2,500 | |
Depreciation | 15,000 | |
44,500 | ||
Less: Profit on sale of Investment | 10,000 | |
Cash Flow from Operating activities | 34,500 |
Also, Check out the solved question of previous Chapters: –
Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution
- Chapter No. 1 – Accounting Not for Profit Organisations
- Chapter No. 2 – Partnership Accounts – I (Introduction)
- Chapter No. 3 – Partnership Accounts – II (Goodwill: Nature and Valuation)
- Chapter No. 4 – Partnership Accounts – III (Reconstitution of Partnership)
- Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner)
- Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner)
- Chapter No. 7 – Partnership Accounts – VI (Dissolution of Partnership Firm)
- Chapter No. 8 – Company Accounts (Share Capital)
- Chapter No. 9 – Company Accounts (Issue of Debentures)
- Chapter No. 10 – Company Accounts (Redemption of Debentures)
Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution
- Chapter No. 1 – Financial Statements of a Company
- Chapter No. 2 – Financial Statement Analysis
- Chapter No. 3 – Tools of Financial Statement Analysis- Comparative and Common Size
- Chapter No. 4 – Ratio Analysis
- Chapter No. 5 – Cash Flow Statement
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Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication
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