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

Question 27 Chapter 5 of +2-B

Question 27 Chapter 5 of +2-B

Indirect Method

27. (Cash Flow from Operating Activities) Calculate cash from operating activities from the following details.

STATEMENT OF PROFIT AND LOSS FOR THE YEAR ENDING 
 ParticularsNote No.Note No.31st March 2018
IRevenue from Operations :   
 Cash Sales  3,00,000 
 Credit Sales  1,00,0004,00,000
IIOther Incomes   
IIITotal Revenue (I + II)   4,00,000
IVExpenses :   
 Stock in Trade Purchases :   
 Cash  2,00,000 
 Credit  80,0002,80,000
 Change in Inventory (Closing – Opening.) ₹ (60,000 – 50,000)   -10,000
 Other Expenses :   
 Salary  8,000 
 Outstanding Salary 2,00010,000
 Total Expenses   2,80,000
 Profit   1,20,000

 

The solution of Question 27 Chapter 5 of +2-B: – 


Cash Flow from Operating Activities
Particulars
Rs
Net Profit as per Statement of Profit and Loss 1,20,000
Add: Increase in Current Liabilities  
Creditors80,000 
Outstanding Salary2,00082,000
  2,02,000
Less: Increase in Current Assets  
Debtors1,00,000 
Inventory10,0001,10,000
Cash Flow from Operating activities 92,000


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

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