Question 26 Chapter 5 of +2-B – USHA Publication 12 Class

Question 26 Chapter 5 of +2-B
Q-26- CH-5 Book 2 - Usha Publisher +2 Book 2019 - Solution

Question 26 Chapter 5 of +2-B

Indirect Method

26. (Cash Flow from Operating Activities/Income Tax & Refund) Profit and loss statement, for the year ended 31″ March 2018. Prepare a statement, showing cash from operating activities.

  Particulars   31st March 2018
I Net Revenue from Operations    2,00,000
II Other Incomes   
III Total Revenue (I + II)    2,00,000
IV Expenses :    
  Depreciation and amortization expenses :     
  Depreciation    30,000
  Goodwill wrote off    10,000
  Total Expenses    40,000
V Profit before extraordinary exceptional items and tax    1,60,000
VI Exceptional items :     
  Profit on sale of machinery  20,000  
  Tax refund  10,000 30,000
  Loss on Sale of Land    -20,000
VII Profit before tax   1,70,000
VIII Tax. Expenses Current (Provision)   -30,000
  Profit after Tax (Net)    1,40,000

The solution of Question 26 Chapter 5 of +2-B: – 

Solution of Questions 26 27 28 29 & 30 Cash Flow Statement Chapter 15 Accounts class 12 PSEB Day 211


Cash Flow from Operating Activities
Particulars
Rs
Profit after tax   1,40,000
Add: Income tax Provision   30,000
Profit Before tax   1,70,000
Add Non-Cash and Non-Operating Items :    
Depreciation 30,000  
Goodwill amortized 10,000  
Loss on sale of land 20,000 60,000
    2,30,000
Less: Non-Operating Incomes :    
Profit on sale of Machinery 20,000  
Tax refund 10,000 (30,000)
Cash from Operating Activities before tax   2,00,000
Less: Income tax Paid   (20,000)
Cash Flow from Operating activities   1,80,000

End of Solution

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Question 05 Chapter 5 of +2-B – USHA Publication 12 Class

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Question 17 Chapter 5 of +2-B – USHA Publication 12 Class

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Question 28 Chapter 5 of +2-B – USHA Publication 12 Class

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Question 39 Chapter 5 of +2-B – USHA Publication 12 Class

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Question 49 Chapter 5 of +2-B – USHA Publication 12 Class

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Question 59 Chapter 5 of +2-B – USHA Publication 12 Class

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Chapter-Wise Solution of Usha Publication Accountancy – Part 2 Class 12 – Session 2024-25 as per the PSEB curriculum

Check out Solutions to all questions of the every chapter shown as under. The Solution of Accountancy – Part 2 Class 12 – Session 2024-25 is provided as per the new book published by Usha Publication.

Chapter No. 8 – Company Accounts (Share Capital)

Chapter No. 9 – Company Accounts (Issue of Debentures)

Chapter No. 10 – Company Accounts (Redemption of Debentures)

Chapter No. 11 – Financial Statements of a Company

Chapter No. 12 – Financial Statement Analysis

Chapter No. 13 – Tools of Financial Statement Analysis- Comparative and Common Size

Chapter No. 14 – Accounting Ratios

Chapter No. 15 – Cash Flow Statement

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