Question 24 Chapter 5 of +2-B – USHA Publication 12 Class

Question 24 Chapter 5 of +2-B

Question 24 Chapter 5 of +2-B

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

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

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