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

Question 28 Chapter 5 of +2-B

Indirect Method

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

PROFIT AND LOSS STATEMENT FOR THE YEAR ENDED 31st MARCH, 2018
	Particulars	Note No.	Fig. for the Current reporting period
I	Revenue from Operations (Net)		1,00,000
II	Other Incomes
	Profit on Sale of machinery		10,000
	Income Tax refund		5,000
III	Total Revenue (I + II)		1,15,000
IV	Expenses :
	Depreciation and amortisation expenses: –
	Depreciation		15,000
	Goodwill wrote off		5,000
	Other Expenses		–
	Total Expenses		20,000
V	Profit before exceptional and extraordinary items and tax		95,000
VI	Exceptional Items
	Loss on Sale of Land		10,000
VII	Profit before Tax		85,000
VIII	Tax Expenses – Current (Provision)		15,000
	Profit for the Period from Continuing Operations		70,000

The solution of Question 28 Chapter 5 of +2-B: –

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

Watch this video on YouTube.

Advertisement-X

Cash Flow from Operating Activities
Particulars		Rs
Net Profit as per Statement of Profit and Loss		70,000
Add: Provision for Taxation		15,000
		85,000
Less: Income tax Refund		5,000
Net Profit before Taxation and extraordinary items		80,000
Adjustment for Non-Cash and Non-Operating items:-
Add: Items to be added
Goodwill	5,000
Depreciation	15,000
Loss on sale of Land	10,000	30,000
		1,10,000
Less: Items to be Deducted
Profit on sale of machinery		10,000
Operating Profit before tax		1,00,000
Less: Income Tax		10,000
Cash Flow from Operating activities		90,000

End of Solution

Check Out the Solution of all questions of this chapter:

The solution to all questions of Chapter No. 15 – Cash Flow Statement Class 12 Usha Publication – 2024 is shown as follows, click on the image of the question to get the solution.

Question 01 Chapter 5 of +2-B – USHA Publication 12 Class

Question 02 Chapter 5 of +2-B – USHA Publication 12 Class

Question 03 Chapter 5 of +2-B – USHA Publication 12 Class

Advertisement-Y

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

Advertisement-X

Question 06 Chapter 5 of +2-B – USHA Publication 12 Class

Question 07 Chapter 5 of +2-B – USHA Publication 12 Class

Question 08 Chapter 5 of +2-B – USHA Publication 12 Class

Question 09 Chapter 5 of +2-B – USHA Publication 12 Class

Question 10 Chapter 5 of +2-B – USHA Publication 12 Class

Question 11 Chapter 5 of +2-B – USHA Publication 12 Class

Advertisement-X

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

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

Advertisement-Y

Question 18 Chapter 5 of +2-B – USHA Publication 12 Class

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

Question 19 Chapter 5 of +2-B – USHA Publication 12 Class

Question 20 Chapter 5 of +2-B – USHA Publication 12 Class

Advertisement-X

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

Question 22 Chapter 5 of +2-B – USHA Publication 12 Class

Question 23 Chapter 5 of +2-B – USHA Publication 12 Class

Question 24 Chapter 5 of +2-B – USHA Publication 12 Class

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

Advertisement-Y

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

Advertisement-X

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

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

Question 29 Chapter 5 of +2-B – USHA Publication 12 Class

Question 30 Chapter 5 of +2-B – USHA Publication 12 Class

Question 31 Chapter 5 of +2-B – USHA Publication 12 Class

Question 32 Chapter 5 of +2-B – USHA Publication 12 Class

Advertisement-X

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

Question 34 Chapter 5 of +2-B – USHA Publication 12 Class

Advertisement-Y

Question 35 Chapter 5 of +2-B – USHA Publication 12 Class

Question 36 Chapter 5 of +2-B – USHA Publication 12 Class

Question 37 Chapter 5 of +2-B – USHA Publication 12 Class

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

Advertisement-X

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

Question 41 Chapter 5 of +2-B – USHA Publication 12 Class

Question 42 Chapter 5 of +2-B – USHA Publication 12 Class

Question 43 Chapter 5 of +2-B – USHA Publication 12 Class

Question 44 Chapter 5 of +2-B – USHA Publication 12 Class

Advertisement-Y

Question 45 Chapter 5 of +2-B – USHA Publication 12 Class

Advertisement-X

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

Question 47 Chapter 5 of +2-B – USHA Publication 12 Class

Question 48 Chapter 5 of +2-B – USHA Publication 12 Class

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

Question 50 Chapter 5 of +2-B – USHA Publication 12 Class

Question 51 Chapter 5 of +2-B – USHA Publication 12 Class

Advertisement-X

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

Question 53 Chapter 5 of +2-B – USHA Publication 12 Class

Advertisement-Y

Question 54 Chapter 5 of +2-B – USHA Publication 12 Class

Question 55 Chapter 5 of +2-B – USHA Publication 12 Class

Question 56 Chapter 5 of +2-B – USHA Publication 12 Class

Question 57 Chapter 5 of +2-B – USHA Publication 12 Class

Advertisement-X

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

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

Question 60 Chapter 5 of +2-B – USHA Publication 12 Class

Question 62 Chapter 5 of +2-B – USHA Publication 12 Class

Question 63 Chapter 5 of +2-B – USHA Publication 12 Class

Advertisement-Y

Question 64 Chapter 5 of +2-B – USHA Publication 12 Class

Advertisement-X

Question 65 Chapter 5 of +2-B – USHA Publication 12 Class

Thanks for completing the chapter. If you understand the question or we have helped you with your homework, please share our website on your social media. We are delighted to help you out.

Thanks again.

End of Post

Download a PDF of Chapter No. 15 – Cash Flow Statement:

If you want to download a PDF of this chapter then you can do it. Check out our PDF file on our Store page.

Download Now From our Store

Advertisement-X

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

Advertisement-X

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

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

Check out Part 1 of both books.

In Class 12th the accountancy has 2 books i.e. Part 1 and Part 2. The Books related to the Part 1 are shown above. but If you want to know more about Part 1, you can check it out from the following links. We have provided the links to both books i.e. Accountancy Part 1 by Usha Publication and Advanced Accountancy Part 2 by Unimax Publication.

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