Question 29 Chapter 5 of +2-B
Indirect Method
29. (Cash Flow from Operating Activities) From the following information, calculate ca from operating activities :
₹ | |
Profit and Loss on 1st April 2017 (Credit) | 50,000 |
Profit and Loss on 31st March 2018 (Credit) | 1,60,000 |
Prepaid expenses on 1st April 2017 | 4,000 |
Outstanding expenses on 1st April 2017 | 10,000 |
Outstanding expenses on 31st March 2018 | 13,000 |
Depreciation on fixed assets | 25,000 |
Amortisation of goodwill | 16,000 |
Decrease in Bills Payable | 9,400 |
Decrease in Debtors | 45,600 |
Loss on sale of machine | 40,000 |
Provision for taxation | 30,000 |
Transfer to General Reserve | 60,000 |
The solution of Question 29 Chapter 5 of +2-B: –
Cash Flow from Operating Activities |
||
Particulars |
Rs |
|
Net Profit as per Statement of Profit and Loss | 1,10,000 | |
Add: Provision for Taxation | 30,000 | |
Net Profit as per Statement of Profit and Loss before Tax | 1,40,000 | |
Add: Non-Cash & Non-Operating Incomes | ||
Depreciation | 25,000 | |
Goodwill wrote off | 16,000 | |
Loss on sale of Machine | 40,000 | |
Transfer to General Reserve | 60,000 | 1,41,000 |
Operating Profit before the change in Working capital | 2,81,000 | |
Add: Decrease in Current Assets | ||
Debtors | 45,600 | |
Prepaid Expenses | 4,000 | |
Add: Increase in Current Liabilities | ||
Outstanding Expenses | 3,000 | 52,600 |
3,33,600 | ||
Less: Decrease in Current Liabilities | ||
Bill Payable | 9,400 | |
Cash generated from Operating Activities | 3,24,200 | |
Less: Income Tax | 30,000 | |
Cash Flow from Operating activities | 2,94,200 |
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 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
Also, Check out our Comprehensive Chapter-wise solution of Advanced Accountancy Part 2 Class 12 by Unimax Publication
- Chapter No. 1 – Company Accounts (Share Capital)
- Chapter No. 2 – Issue of Debentures
- Chapter No. 3 – Redemption of Debentures
- Chapter No. 4 – Financial Statements of a Company (Balance Sheet Only)
- Chapter No. 5 -Financial Statement Analysis
- Chapter No. 6 – Tools/Methods of Financial Analysis
- Chapter No. 7 – Ratio Analysis
- Chapter No. 8 – Cash Flow Statement
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1. Accountancy – Part 1 Class 12 – Session 2024-25 By Usha Publication
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