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Question 4 Chapter 8 – Unimax Publication Class 12 Part 2 – 2021
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Table of Contents
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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What is the cash flow statement? why do we need to prepare?
Unimax Publication – Accountancy PSEB Class 12 – Volume I – Solution
- Chapter No. 1 – Accounting Not for Profit Organisations
- Chapter No. 2 – Partnership Accounts – I (Introduction)
- Chapter No. 3 – Partnership Accounts – II (Goodwill: Nature and Valuation)
- Chapter No. 4 – Partnership Accounts – III (Change in Profit sharing ratio among Existing Partners )
- Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner)
- Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner)
- Chapter No. 7 – Partnership Accounts – VI (Dissolution of Partnership Firm)
Unimax Publication – Accountancy PSEB (Class 12) – Part – II – Solution
- Chapter No. 1 – Company Accounts (Share Capital)
- Chapter No. 2 – Company Accounts (Issue of Debentures)
- Chapter No. 3 – Company Accounts (Redemption of Debentures)
- Chapter No. 4 – Financial Statements of a Company
- Chapter No. 5 – Financial Statement Analysis
- Chapter No. 6 – Tools of Financial Statement Analysis- Comparative and Common Size
- Chapter No. 7 – Ratio Analysis
- Chapter No. 8 – Cash Flow Statement
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