Q. 16 DK Goel Cash Flow Statement Solutions Class 12 CBSE (2024-25)
Solution of question number 16 of Cash Flow Statement chapter 7 of DK Goel Class 12 CBSE (2024-25).
Q. 16 (A). From the following information, calculate ‘cash inflows from operating activities’:-
| ₹ | |
| Profit & Loss Balance 1-4-2023 (Credit) | 5,50,000 |
| Profit & Loss Balance 31-3-2024 (Credit) | 8,00,000 |
| Amount transferred to General Reserve | 50,000 |
| Income Tax Provision made | 1,50,000 |
| Discount on Issue of Debentures written off | 10,000 |
| Prepaid Expenses on 1-4-2023 | 8,000 |
| Loss on Sale of Furniture | 1,000 |
| Income from Investment | 4,000 |
[Ans. Cash from operating activities before payment of tax ₹ 4,65,000.]
Q. 16 (B). From the following information, calculate ‘Cash from operating activities’:
| ₹ | |
| Profit & Loss Balance on 1-4-2021 (Debit) | 12,000 |
| Profit & Loss Balance on 31-3-2022 (Credit) | 60,000 |
| Writing off Preliminary Expenses | 10,000 |
| Transfer to General Reserve | 40,000 |
| Transfer to Provision for Doubtful Debts | 6,000 |
| Increase in Trade Receivables | 32,000 |
| Trade Payables on 1-4-2021 | 60,000 |
| Trade Payables on 31-3-2022 | 52,000 |
| Prepaid Expenses on 1-4-2021 | 7,500 |
| Prepaid Expenses on 31-3-2022 | 5,000 |
| Outstanding Expenses on 1-4-2021 | 4,000 |
[Ans. Cash from operating activities ₹ 86,500.]
Hint:- Net Profit as per Profit & Loss A/c = ₹ 12,000 + ₹ 60,000 = ₹ 72,000.
Solution:-
