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VDO+ Tag:Question 30 Chapter 15 of Class 12 Part – 2 – 2024
Indirect Method
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Video Tag:30. (Cash Flow from Operating Activities) X Ltd. made a profit of 1,00,000 of considering the following items :
1. Depreciation of fixed assets 20,000.
2. Loss on Sale of furniture 1,000
3. Provision for Taxation 21,60,000
4. Transfer to general reserve 14,000
5. Profit, on Sale of machinery 6,000
Additional Information :
| Particulars | 31-03-17 | 31-03-18 |
| Trade Receivable | 24,000 | 30,000 |
| Trade Payable | 20,000 | 30,000 |
| Bills Receivable | 20,000 | 17,000 |
| Bill Payable | 16,000 | 12,000 |
| Prepaid Expenses | 400 | 600 |
The solution of Question 30 Chapter 15 of Class 12 Part – 2 – 2024: –
Cash Flow from Operating Activities |
||
| Particulars |
Rs |
|
| Net Profit as per Statement of Profit and Loss | 1,00,000 | |
| Adjustment of Non-Cash & Non-Operating Items | ||
| Add: Depreciation | 20,000 | |
| Loss on sale of Furniture | 1,000 | |
| Transfer to General Reserve | 14,000 | |
| Provision for Taxation | 1,60,000 | 1,95,000 |
| 2,95,000 | ||
| Less: Profit on sale of machinery | 6,000 | |
| Operating Profit before the change in Working capital | 2,89,000 | |
| Add: Increase in Current Liabilities | ||
| Trade Payable | 10,000 | |
| Add: Decrease in Current Assets | ||
| Bill Receivable | 3,000 | 13,000 |
| 3,02,000 | ||
| Less: Decrease in Current Liabilities | ||
| Bill Payable | 4,000 | |
| Less: Increase in Current Assets | ||
| Trade receivable | 6,000 | |
| Prepaid Expenses | 200 | 10,200 |
| Cash generated from Operating Activities | 2,91,800 | |
| Less: Income Tax | 1,60,000 | |
| Cash Flow from Operating activities | 1,31,800 | |
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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
Chapter No. 12 – Financial Statement Analysis
Chapter No. 13 – Tools of Financial Statement Analysis- Comparative and Common Size
Chapter No. 14 – Ratio Analysis
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
Check out Part 1 of both books.
In Class 12th the accountancy has 2 books i.e. Part 1 and Part 2. The Books related to the Part 1 are shown above. but If you want to know more about Part 1, you can check it out from the following links. We have provided the links to both books i.e. Accountancy Part 1 by Usha Publication and Advanced Accountancy Part 2 by Unimax Publication.
1. Accountancy – Part 1 Class 12 – Session 2024-25 By Usha Publication
2. Advanced Accountancy Part 1 Class 12 by Unimax Publication