Question 4 Chapter 8 -Unimax Publication Class 12 Part 2 – 2021

Question no 4 Chapter no 8 unimax class12 part 2
Question no 4 Chapter no 8 unimax class12 part 2

Question 4 Chapter 8 – Unimax Publication Class 12 Part 2 – 2021

4. The following is the position of current assets and current liabilities of Z Ltd:

Particulars 2021 (₹) 2022 (₹)
Provision for bad debts 1,000
Shorts-term loans 10,000 19,000
Creditors 15,000 10,000
Bills receivable 20,000 40,000

The company incurred a loss of 45,000 during the year. Calculate cash from operating activities.

The solution of Question 4 Chapter 8 – Unimax Publication Class 12 Part 2-2021 : –

Calculation of cash flow from opening CTIVITIES.

 
 Net loss as per profit and loss a/c   (45,000)
Add: increase in current liabilities decrease in current assets    
Short term loans   9,000
    (36,000)
Less: decrease in current liabilities    
Creditors (5,000)  
Provision for b/d (1,000)  
Increase in current assets    
Bills receivable (20,000) (26,000)
Cash used in operating activities.   (62,000)

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Unimax Publication – Accountancy PSEB Class 12 – Volume I – Solution

Unimax Publication – Accountancy PSEB (Class 12) – Part – II – Solution

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