Question 2 Chapter 8 – Unimax Publication Class 12 Part 2 – 2021
Table of Contents
2. Calculate cash from operating activities from the following figure:
| Particulars | 2021 | 2022 |
| Profit and loss a/c | 60,000 | 65,000 |
| Debtors | 87,000 | 50,000 |
| Bills receivable | 62,000 | 1,03,000 |
| General Reserve | 2,02,000 | 2,37,000 |
| Salary outstanding | 30,000 | 12,000 |
| Wages prepaid | 5,000 | 7,000 |
| Goodwill | 80,000 | 70,000 |
The solution of Question 2 Chapter 8 – Unimax Publication Class 12 Part 2-2021 : –
Calculation of cash flow from operating activities.
| ₹ | ||
| Net: profit as per p & l a/c for 2021-22 (65,000-60,000) | 5,000 | |
| Add: non-cash, non- operating exp. transfer to | ||
| General reserve | 35,000 | |
| Add: non-cash expenses: | ||
| Goodwill written off | 10,000 | |
| 50,000 | ||
| Add: increase in current liabilities | ||
| Decrease in current assets | ||
| Debtors | 37,000 | |
| 87,000 | ||
| less: decrease in current liabilities- | ||
| Salary outstanding | (18,000) | |
| Increase in current assets | ||
| Bill receivables | (41,000) | |
| Wages prepaid | (2,000) | 61,000 |
| Cash flow from operating activities | 26,000 | |
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Unimax 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 (Change in Profit sharing ratio among Existing Partners )
- 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)
Unimax Publication – Accountancy PSEB (Class 12) – Part – II – Solution
- Chapter No. 1 – Company Accounts (Share Capital)
- Chapter No. 2 – Company Accounts (Issue of Debentures)
- Chapter No. 3 – Company Accounts (Redemption of Debentures)
- Chapter No. 4 – Financial Statements of a Company
- Chapter No. 5 – Financial Statement Analysis
- Chapter No. 6 – Tools of Financial Statement Analysis- Comparative and Common Size
- Chapter No. 7 – Ratio Analysis
- Chapter No. 8 – Cash Flow Statement
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