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Question 6 Chapter 8 -Unimax Publication Class 12 Part 2 – 2021

Question no 6 Chapter no 8 unimax class12 part 2
Question no 6 Chapter no 8 unimax class12 part 2

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Question 6 Chapter 8 – Unimax Publication Class 12 Part 2 – 2021

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6. from the following information, calculate net profit before Tax and Extra -ordinary Items:

Particulars31-3-2021 (₹)31-3-2022 (₹)
Profit and loss account1,00,0001,40,000
Provision for tax20,00030,000

Additional information: Interim Dividend paid during the year 2021-22 5,000.
Proposed Dividend 2021 50,000; 2022 60,000.

The solution of Question 6 Chapter 8 – Unimax Publication Class 12 Part 2-2021 : –

CASH FLOW STATEMENT

 
Cash flow from operating activities 
Net profit40,000
Add tax30,000
Add proposed dividend50,000
Add proposed5,000
Net profit before tax and extra ordinary income1,25,000

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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

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

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