Question 20 Chapter 5 of +2-B – USHA Publication 12 Class

Question 20 Chapter 5 of +2-B

Question 20 Chapter 5 of +2-B

Free Accounting book Solution - Class 11 and Class 12

Indirect Method

20. (Cash from Operating Activities) From the following Balance Sheet calculate Cash from Operating activities

BALANCE SHEET 
Particular Figures for the current reporting period  Figures for the previous reporting period 
I. Equity and Liabilities     
Shareholders Funds :     
Share Capital  57,000 52,000
Reserves and Surplus :    
Surplus i.e. balance in Statement of Profit and Loss 14,700 8,700
Non-Current Liabilities     
Mortgage  1,000
Current Liabilities    
Trade Payable  5,000 5,400
  77,700 66,100
II. Assets    
Non-current Assets     
Freehold Property  34,000 34,000
Plant  23,000 15,000
Current Assets     
Inventories  3,600 4,800
Trade Receivable  11,400 9,600
Cash and Cash equivalents:     
Cash  5,700 2,700
  77,700 66,100

The solution of Question 20 Chapter 5 of +2-B: – 


Cash Flow from Operating Activities
Particulars
Rs
Net Profit as per Statement of Profit and Loss   6,000
Operating Profit before the change in working capital   6,000
Add: Decrease in Current Assets    
Inventories   1,200
    7,200
Less: Decrease in Current Liabilities    
Trade Payable   400
Less: Increase in Current Assets    
Trade Receivable   1,500
Cash Flow from Operating activities   5,000


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

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