Advertisement

Question No 14 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Question No 14 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Advertisement

Question No 14 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

14. ganga Yamuna Ltd. reported profit of 12,50,000 for the year ended march 31,2022 after considering the following:

 depreciation on building₹ 35,000 
depreciation on plant and machinery₹ 75,000 
Depreciation on furniture ₹ 18,000 
 amortization of goodwill₹ 12,000  
 gain on sale of machinery₹ 20,000 

The current assets and current liabilities at the beginning and at the end of the year are:

Particulars31-3-2021 31-3-2022 
Accounts receivable₹ 38,000₹ 42,000
Stock in hand₹ 75,000₹ 68,000
Cash in hand₹ 18,000₹ 32,000
Accounts payable₹ 34,000₹ 32,000
Expenses payable₹ 7,000₹ 10,000

Calculate cash flow from operating activities.

The solution of Question No 14 Chapter 8 – UNIMAX Class 12 Part 2 – 2021: –

Calculation of cash flow from operating activities.

 
Net profit as per P & A/c 12,50,000
Add: non cash, non-operating expenses  
Depreciation on building35,000 
Depreciation on plant and machinery75,000 
Depreciation on furniture18,000 
Amortization of goodwill12,000 
Loos on sale machinery20,0001,60,000
Operating profit before working capital charges 14,10,000
Add: increase in current liabilities  
Expenses payable3,000 
Decrease in current assets  
Stock7,00010,000
  14,20,000
Less: decrease in current liabilities increase in current assets  
Accounts payable(2,000) 
Accounts receivable(4,000)(6,000)
Cash flow from operating activities 14,14,000

 

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 03 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Advertisement

Question No 15 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Advertisement

Question No 27 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Advertisement

Question No 39 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Advertisement

Question No 52 Chapter 8 – UNIMAX Class 12 Part 2 – 2021

Advertisement

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

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.

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.

Advertisement

Leave a Reply

Your email address will not be published. Required fields are marked *