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Question 25 Chapter 5 of +2-B
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Table of Contents
Indirect Method
25. (Cash Flow from Operating Activities/Income Tax & Refund) From the following balances you are required to calculate cash from operations :
2016-17 ₹ | 2017-18 ₹ | |
Trade Receivables | 59,500 | 60,000 |
Trade Payable | 31,000 | 28,000 |
Outstanding expenses | 1,200 | 1,000 |
Prepaid expenses | 700 | 800 |
Accrued income | 750 | 600 |
Income Received in advance | 250 | 300 |
Profit made during the year | – | 1,30,000 |
The solution of Question 25 Chapter 5 of +2-B: –
Cash Flow from Operating Activities | ||
Particulars | Rs | |
Profit as per Statement of Profit & Loss | 1,30,000 | |
Add: Decrease in Current Assets: | ||
Accrued Income | 150 | |
Add: Increase in Current Liabilities: | ||
Advance Income | 50 | 200 |
1,30,200 | ||
Less: Increase in Current Assets: | ||
Trade Receivable | 500 | |
Prepaid Expenses | 100 | 600 |
Less: Decrease in Current Assets: | ||
Trade Payable | 3,000 | |
Outstanding Expenses | 200 | 3,200 |
Cash Flow from Operating activities | 1,26,400 |
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
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Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication
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