Q 17 CH 5 Book 2 Usha Publisher 2 Book 2019 Solution min - Question 17 Chapter 5 of +2-B  - USHA Publication 12 Class

Question 17 Chapter 5 of +2-B

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 
IRevenue from Operations 50,000
IIOther Incomes (Profit on Sale of Investments)  10,000
III Total Revenue 60,000
IVExpenses:   
 Depreciation and Amortization Expenses -15,000
 Other Expenses:  
 Salaries 10,500 
 Office Expenses5,00015,500
VProfit before Exceptional and Extraordinary item  29,500
VIExceptional 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
Rs
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

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 17 Chapter 5 of +2-B  - USHA Publication 12 Class
T.S. Grewal’s Analysis of Financial Statement

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