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VDO+ Tag:Question 31 Chapter 15 of Class 12 Part – 2 – 2024
Indirect Method
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Video Tag:31. (Cash Flow from Operating Activities) From the following Balance Sheets of ABC Ltd. find out cash from operating activity only :
| Balance Sheet | ||
| Particulars | 31st March, 2018 | 31st March, 2017 |
| I.Equity and Liabilities | ||
| Shareholders Fund : | ||
| Equity Share Capital | 35,000 | 30,000 |
| Reserves and Surplus : | ||
| General Reserve | 15,000 | 10,000 |
| Balance in Statement of Profit and Loss | 7,000 | -6,000 |
| Discount on Debentures | -500 | |
| Non-Current Liabilities : | ||
| 10% Debentures | 25,000 | 21,000 |
| Current Liabilities : | ||
| Sundry Creditors | 12,500 | 8,500 |
| Provisions Provision for depreciation on Machinery | 13,000 | 9,000 |
| Total | 1,07,500 | 72,000 |
| II. Assets | ||
| Non-Current Assets : | ||
| Tangible Assets | ||
| Machinery | 54,000 | 41,000 |
| 10% Investments | 8,000 | 3,000 |
| Intangible Assets : | ||
| Goodwill | 8,000 | 10,000 |
| Current Assets | ||
| Inventories | 23,000 | 4,600 |
| Input CGST | 750 | 700 |
| Input SGST | 750 | 700 |
| Cash and Cash Equivalents : | ||
| Cash and Bank | 13,000 | 12,000 |
| Total | 1,07,500 | 72,000 |
The solution of Question 31 Chapter 15 of Class 12 Part – 2 – 2024: –
Cash Flow from Operating Activities |
||
| Particulars |
Rs |
|
| Net Profit as per Statement of Profit and Loss | 13,000 | |
| Add: Transfer to General Reserve | 5,000 | |
| 18,000 | ||
| Add Non-Cash and Non-Operating items : | ||
| Interest on Debentures @10% | 2,100 | |
| Depreciation | 4,000 | |
| Goodwill amortized | 2,000 | |
| Discount on debentures written off | 500 | 8,600 |
| 26,600 | ||
| Less: Non-Operating incomes : | ||
| Interest on Investment | 300 | |
| Operating Profit before the change in working capital | 26,300 | |
| Add: Increase in liabilities | ||
| Creditors | 4,000 | |
| 30,300 | ||
| Less: Increase in current Assets | ||
| Inventories | (18,400) | |
| Input CGST | (50) | |
| Input SGST | (50) | 18,500 |
| Cash Flow from Operating activities | 11,800 | |
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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.
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1. Accountancy – Part 1 Class 12 – Session 2024-25 By Usha Publication
2. Advanced Accountancy Part 1 Class 12 by Unimax Publication