Question 24 Chapter 5 of +2-B
Table of Contents
Indirect Method
24. From the following details, calculate cash flow from operating activities :
| ₹ | |
| Gross Profit | 1,00,000 |
| Salaries | 15,000 |
| Depreciation | 10,000 |
| Discount Received | 5,000 |
| Office Expenses | 5,000 |
| Sundry Expenses | 5,000 |
The solution of Question 24 Chapter 5 of +2-B: –
Cash Flow from Operating Activities |
||
| Particulars |
Rs |
|
| Net Profit* | 70,000 | |
| Add Non-Operating and Non-Cash Items : | ||
| Depreciation | 10,000 | |
| Cash Flow from Operating activities | 80,000 | |
Working Note:
| Particulars |
Rs |
|
| Gross Profit | 1,00,000 | |
| Add: Discount Received | 5,000 | |
| 1,05,000 | ||
| Less: Salaries | 15,000 | |
| Depreciation | 10,000 | |
| Office Expenses | 5,000 | |
| Sundry Expenses | 5,000 | 35,000 |
| Net Profit | 70,000 | |
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
Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication
