Question 9 Chapter 8 – Unimax Publication Class 12 Part 2 – 2021
Table of Contents
9. from the following information, calculate cash flow from operating activities:
| Particulars | March 31,2021 | March 31,2022 |
| Balance of profit and loss a/c | 30,000 | 32,500 |
| Debtors | 43,500 | 20,000 |
| Bills receivable | 31,000 | 51,500 |
| General reserve | 1,01,000 | 1,18,500 |
| Dividend Equalization fund | 39,000 | 50,000 |
| Salary outstanding | 15,000 | 6,000 |
| Wages outstanding | 2,500 | 3,500 |
| Goodwill | 40,000 | 35,000 |
The solution of Question 9 Chapter 8 – Unimax Publication Class 12 Part 2-2021 : –
Calculation of cash flow from operating activities.
| ₹ | ||
| Net profit as per P&A/c | 2,500 | |
| Non-cash, operating exp. | ||
| Add: transfer to reserves | ||
| Transfer to dividend Equalization fund | 17,500 | |
| Profit (before tax) | 11,000 | |
| Add: goodwill written A/c | 31,000 | |
| Operating profit before working capital liabilities | 5,000 | |
| Add: decrease in current assets increase in current liabilities | 36,000 | |
| Decrease in debtors | 23,500 | |
| 59,500 | ||
| Less: decrease current liabilities | ||
| Salary outstanding | (9,000) | |
| Increase in current assets | ||
| Bills receivable | (20,500) | |
| Wages prepaid | (1,000) | (30,500) |
| Cash flow from operating activities | 29,000 | |
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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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