[ISC] Q. 16 Cash Flow Statement Solution TS Grewal Class 12 (2023-24)

Solution of Question number 16 of the Cash Flow Statement of TS Grewal Book 2023-24 session ISC Board?

Calculate Cash Flow from Operating Activities from the following:

(i) Profit earned during the year is ₹ 4,00,000 after considering the following items:

Particulars	₹
Depreciation on Fixed Assets Amortised of Goodwill Transfer to General Reserve Gain (Profit) on sale of Land	50,000 5,000 25,000 50,000

(ii) The following is the position of Current assets and Current liabilities:

Particulars	Closing Balance (₹)	Opening Balance (₹)
Trade Receivable: Debtors Bills Receivable	15,000 8,000	12,000 10,000
Trade Payables (Creditors) Prepaid Expenses	10,000 4,000	15,000 6,000

Solution:-

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