Q. 7 DK Goel Cash Flow Statement Solutions Class 12 CBSE (2024-25)
Solution of question number 7 of Cash Flow Statement chapter 7 of DK Goel Class 12 CBSE (2024-25).
Calculate ‘Cash from operating activities’ from the following:-
(i) Profits made during the year ₹ 5,00,000 after considering the following items:-
₹ | |
(a) Depreciation on Plant & Machinery | 1,00,000 |
(b) Amortization of Goodwill | 50,000 |
(c) Loss on sale of Machinery | 70,000 |
(d) Gain on sale of Land | 30,000 |
(ii) Additional Information:
31.3. 2024 | 31.3. 2023 | |
Trade Receivables | 2,30,000 | 2,20,000 |
Trade Payables | 1,00,000 | 1,50,000 |
Prepaid Expenses | 40,000 | 60,000 |
[Cash from Operating Activities ₹ 6,50,000.]
Solution:-