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: Salaries15,000 
Depreciation10,000 
Office Expenses5,000 
Sundry Expenses5,00035,000
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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