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Question No 17 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
17.calculate “cash flow from operating activities from the following information:
Statement of report and loss
for the year ended 31st march,2022
| Particulars | Note no. | Amount ₹ |
| I. revenue from operating | 12,00,000 | |
| ii. other income | 1 | 18,000 |
| iii. total revenue | 12,18,000 | |
| iv. expenses: | ||
| Cost of materials consumed | 7,75,000 | |
| Employee benefit expenses | 1,50,000 | |
| finance costs | 45,000 | |
| depreciation and amortization expenses | 82,000 | |
| other expenses | 2 | 50,000 |
| Total expenses | 11,02,000 | |
| v. profit before tax(iii-iv) | 1,16,000 | |
| Tax paid | 36,000 | |
| vi. profit for the period | 80,000 |
Notes:
| (1) other income: | ₹ | (2) other expenses: | ₹ |
| Profit on sale of land | 15,000 | Loss on sale of plant | 30,000 |
| Insert received | 3,000 | Office expenses | 20,000 |
| 18,000 | 50,000 |
Note (3): depreciation and amortization expenses:
| Depreciation | = | 72,000 |
| Goodwill written of | = | 10,000 |
| 82,000 |
Additional information:
| As on 31st March 2021 | As on 31st March 2022 | |
| Trade receivable | 1,40,000 | 1,64,000 |
| Inventory | 84,000 | 1,15,000 |
| Trade payable | 60,000 | 73,000 |
| Office expenses outstanding | 6,000 | 4,000 |
The solution of Question No 17 Chapter 8 – UNIMAX Class 12 Part 2 – 2021: –
Cash flow from operating activities
for the year ended 31st march ,2022
| ₹ | ||
| Net profit before tax (note1) | 1,16,000 | |
| Adjustment for non-cash and non- operating items: | ||
| Add: finance costs | 45,000 | |
| Depreciation | 72,000 | |
| Goodwill written off | 10,000 | |
| Loss on sale of plant | 30,000 | |
| 2,73,000 | ||
| Less: profit on sale of land | 15,000 | |
| Insert received | 3,000 | 18,000 |
| Operating profit before working capital change | 2,55,000 | |
| Add: increase in current liabilities: | ||
| Trade payable | 13,000 | |
| 2,68,000 | ||
| Less: increase in current assets: | ||
| Trade receivables | 24,000 | |
| Inventory | 31,000 | |
| Less: decrease in current liabilities: | ||
| Outstanding exp. | 2,000 | 57,000 |
| Cash generated from operating activities | 2,11,000 | |
| Less: tax paid | (36,000) | |
| Net cash from operating activities | 1,75,000 | |
Note: (1) calculation of net profit before Tax:
| Profit for the period | = | 80,000 |
| Add: provision for Tax (Tax paid) | = | 36,000 |
| 1,16,000 |
End of Solution
Check Out the Solution of all questions for this chapter:
The solution to all questions of Chapter No. 8 – Cash Flow Statement Class 12 Unimax is shown as follows, click on the image of the question to get the solution.
Question No 01 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
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Question No 13 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
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Question No 25 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
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Question No 37 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
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Question No 50 Chapter 8 – UNIMAX Class 12 Part 2 – 2021
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Check out all books for PSEB
1. Comprehensive Solutions for All Chapters of Advanced Accountancy Part 1 Class 12 by Unimax
UnimaxSolutions.in offers a comprehensive solution for students studying Advanced Accountancy Part 1 in Class 12. With their meticulously curated study material, students can access comprehensive solutions to all the questions in each chapter. By selecting the chapter name from the study material, students can easily navigate through the topics and find detailed explanations and step-by-step solutions to the problems presented in that section. Whether it’s understanding complex accounting concepts, mastering calculation techniques, or analyzing financial statements, Unimax provides a valuable resource to aid students in their learning journey. With these comprehensive solutions at their disposal, students can enhance their understanding, clarify doubts, and improve their problem-solving skills in Advanced Accountancy, ensuring they are well-prepared for their Class 12 examinations.
- Chapter No. 1 – Accounts of Non-Profit Organisations
- Chapter No. 2 – Partnership Accounts – I (Basic Concepts)
- Chapter No. 3 – Partnership Accounts – II (Goodwill)
- 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)
2. Comprehensive Solutions for All Chapters of Advanced Accountancy Part 2 Class 12 by Unimax
UnimaxSolutions.in presents an exceptional resource for students studying Advanced Accountancy Part 2 in Class 12. With their comprehensive study material, students can conveniently access extensive solutions to all the questions in each chapter. By simply selecting the desired chapter from the study material, students can effortlessly navigate through the topics and gain access to detailed explanations and step-by-step solutions to every problem presented in that particular section. Whether it involves understanding intricate accounting principles, honing calculation techniques, or analyzing complex financial statements, Unimax provides a valuable tool to support students in their learning journey. Equipped with these comprehensive solutions, students can enhance their comprehension, resolve any uncertainties, and strengthen their problem-solving abilities in Advanced Accountancy, empowering them to excel in their Class 12 examinations with confidence.
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- 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
Punjab School Education Board (PSEB) Solutions of Usha Publication.
If you’re a student enrolled in the Punjab School Education Board Class 12, exploring a wide range of books to cover the syllabus thoroughly is essential. While the prescribed textbooks are undoubtedly valuable, supplementing your studies with additional resources can enhance your understanding and knowledge. Consider checking out other books that align with the curriculum, offering different perspectives and insights on the subjects you’re studying. These supplementary materials can provide you with alternative explanations, practice questions, and examples that may aid in clarifying complex concepts. Moreover, exploring diverse sources can expose you to various writing styles and viewpoints, fostering a broader understanding of the subjects. So, seize the opportunity to expand your learning by delving into other books that can complement your studies and contribute to your academic growth.
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