Q. 58 DK Goel Cash Flow Statement Solutions Class 12 CBSE (2024-25)
Solution of question number 58 of Cash Flow Statement chapter 7 of DK Goel Class 12 CBSE (2024-25)
From the following information, Calculate Cash from Operating activities:-
₹ | |
Profit and Loss Balance on 1-4-2021 (Credit) | 80,000 |
Profit and Loss Balance on 31.3.2022 (Credit) | 60,000 |
Goodwill written off | 15,000 |
Income Tax Provision made during the year | 25,000 |
Transfer to Provision for Doubtful Debts | 4,000 |
Decrease in Trade Payables | 32,000 |
Increase in Inventory | 27,000 |
Trade Receivables on 1-4-2021 | 1,20,000 |
Trade Receivables on 31-3-2022 | 82,000 |
Outstanding Expenses on 1-4-2021 | 3,000 |
Gain on sale of Land & Building | 18,000 |
[Ans. Cash lost in operating activities before payment of tax ₹ 18,000.]
Solution:-
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