Question 25 Chapter 5 of +2-B – USHA Publication 12 Class

Question 25 Chapter 5 of +2-B

Question 25 Chapter 5 of +2-B

Free Accounting book Solution - Class 11 and Class 12

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

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

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