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Question No 02 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 02 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

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Question No 02 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

2. Calculate cash from operating activities from the following figure:

Particulars20212022
Profit and loss a/c60,00065,000
Debtors87,00050,000
Bills receivable62,0001,03,000
General Reserve2,02,0002,37,000
Salary outstanding30,00012,000
Wages prepaid5,0007,000
Goodwill80,00070,000

The solution of Question No 02 Chapter 8 – UNIMAX Class 12 Part 2 – 2021: –

Calculation of cash flow from operating activities.

 
Net: profit as per p & l a/c for 2021-22 (65,000-60,000) 5,000
Add: non-cash, non- operating exp. transfer to  
General reserve 35,000
Add: non-cash expenses:  
Goodwill written off 10,000
  50,000
Add: increase in current liabilities  
Decrease in current assets  
Debtors 37,000
  87,000
less: decrease in current liabilities-  
Salary outstanding(18,000) 
Increase in current assets  
Bill receivables(41,000) 
Wages prepaid(2,000)61,000
Cash flow from operating activities 26,000

 

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 05 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

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Question No 17 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

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Question No 29 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

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Question No 41 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

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Question No 54 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.

2. Comprehensive Solutions for All Chapters of Advanced Accountancy Part 2 Class 12 by Unimax

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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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