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Question 35 Chapter 5 of +2-B
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Indirect Method
35. (Cash Flow from Operating Activities) From the following balance sheet of Enclotek Ltd. as on 31-3-2017 and 31-3-2018 and the additional information provided. Calculate the cash flow from operating activities.
| Balance Sheet of AB LTD. | ||
| Particulars | Figures as at the end of the current reporting period | Figures as at the end of the previous reporting period |
| I. Equity and Liabilities | ||
| Shareholders Fund : | ||
| Equity Share Capital | 4,50,000 | 4,50,000 |
| 5% Preference share capital | 2,00,000 | 3,00,000 |
| Reserves and surplus | ||
| Statement of Profit and Loss | 2,00,000 | (1,00,000) |
| General Reserve | 1,50,000 | 1,20,000 |
| Preliminary Expenses | -5,000 | -25,000 |
| Non-Current Liabilities | ||
| Long-term borrowings : | ||
| 8% Debentures | 3,00,000 | 2,00,000 |
| Current Liabilities | ||
| Trade Payables | 1,10,000 | 1,08,000 |
| Output IGST | 10,000 | 2,000 |
| Total | 14,15,000 | 10,55,000 |
| II. Assets | ||
| Non –Current Assets | ||
| Tangible Assets | ||
| Fixed Assets (Net) | 8,60,000 | 6,20,000 |
| Investments | 1,25,000 | 80,000 |
| Intangible Assets : | ||
| Goodwill | 10,000 | 15,000 |
| Current Assets | ||
| Inventories | 4,20,000 | 3,40,000 |
| Total | 14,15,000 | 10,55,000 |
The solution of Question 35 Chapter 5 of +2-B: –
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Cash Flow from Operating Activities | ||
| Particulars | Rs | |
| Net Profit as per Statement of Profit & Loss | 3,00,000 | |
| Add: Goodwill Written off | 5,000 | |
| Transfer to General Reserve | 30,000 | |
| Preliminary expenses are written off | 20,000 | |
| Depreciation on fixed assets | 60,000 | |
| Premium on redemption of shares | 5,000 | |
| Interest on debentures* | 18,000 | |
| Preference Dividend paid | 15,000 | |
| Proposed equity dividend | 36,000 | 1,89,000 |
| Cash operating profit before the change in working capital | 4,89,000 | |
| Add: Increase in Current Liabilities | ||
| Sundry Creditors | 2,000 | |
| Output IGST | 8,000 | 10,000 |
| 4,99,000 | ||
| Less: Increase in Current Assets | ||
| Inventories | 80,000 | |
| Cash Flow from Operating activities | 4,19,000 | |
Working Note
1. Interest on Debenture 80,000
| Amount | Rate of interest | Month | Interest Value |
| ₹ 2,00,000 | 8% | 12 Months | ₹ 16,000 |
| ₹ 1,00,000 | 8% | 3 Months | ₹ 2,000 |
| ₹ 8,000 |
End of Solution
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Question 03 Chapter 5 of +2-B – USHA Publication 12 Class
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Question 10 Chapter 5 of +2-B – USHA Publication 12 Class
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Question 19 Chapter 5 of +2-B – USHA Publication 12 Class
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Question 25 Chapter 5 of +2-B – USHA Publication 12 Class
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Question 31 Chapter 5 of +2-B – USHA Publication 12 Class
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Question 37 Chapter 5 of +2-B – USHA Publication 12 Class
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Question 44 Chapter 5 of +2-B – USHA Publication 12 Class
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Question 50 Chapter 5 of +2-B – USHA Publication 12 Class
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Question 56 Chapter 5 of +2-B – USHA Publication 12 Class
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Question 63 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
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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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