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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

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Question 26 Chapter 5 of +2-B

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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
INet Revenue from Operations  2,00,000
IIOther Incomes  
IIITotal Revenue (I + II)  2,00,000
IVExpenses :  
 Depreciation and amortization expenses :   
 Depreciation  30,000
 Goodwill wrote off  10,000
 Total Expenses  40,000
VProfit before extraordinary exceptional items and tax  1,60,000
VIExceptional items :   
 Profit on sale of machinery 20,000 
 Tax refund 10,00030,000
 Loss on Sale of Land  -20,000
VIIProfit before tax 1,70,000
VIIITax. 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 :  
Depreciation30,000 
Goodwill amortized10,000 
Loss on sale of land20,00060,000
  2,30,000
Less: Non-Operating Incomes :  
Profit on sale of Machinery20,000 
Tax refund10,000(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 06 Chapter 5 of +2-B – USHA Publication 12 Class

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Question 16 Chapter 5 of +2-B – USHA Publication 12 Class

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Question 21 Chapter 5 of +2-B – USHA Publication 12 Class

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Question 27 Chapter 5 of +2-B – USHA Publication 12 Class

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Question 33 Chapter 5 of +2-B – USHA Publication 12 Class

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Question 40 Chapter 5 of +2-B – USHA Publication 12 Class

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Question 46 Chapter 5 of +2-B – USHA Publication 12 Class

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Question 52 Chapter 5 of +2-B – USHA Publication 12 Class

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Question 58 Chapter 5 of +2-B – USHA Publication 12 Class

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Question 65 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

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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

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Chapter No. 14 – Accounting Ratios

Chapter No. 15 – Cash Flow Statement

Also, Check out our Comprehensive Chapter-wise solution of Advanced Accountancy Part 2 Class 12 by Unimax Publication

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1. Accountancy – Part 1 Class 12 – Session 2024-25 By Usha Publication

2. Advanced Accountancy Part 1 Class 12 by Unimax Publication

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