[CBSE] Q.17 Cash Flow Statement TS Grewal Class 12 2023-24
Solution of Question number 17 of the Cash Flow Statement of TS Grewal Book 2023-24 session?
Sunrise Ltd., reported Net Profit after Tax of ₹ 6,40,000 for the year ended 31st March, 2023. The relevant extract from Balance Sheet as at 31st March, 2023 is:
Particulars | 31st March, 2023 (₹) | 31st March, 2022 (₹) |
Trade Receivables Prepaid Expenses Trade Payables Provision for Tax | 1,15,000 1,50,000 20,000 1,10,000 20,000 | 1,25,000 1,10,000 6,000 80,000 15,000 |
Depreciation charged on Plant and Machinery ₹ 55,000, insurance claim received ₹ 50,000, gain (Profit) on sale of investment ₹ 20,000 appeared in the Statement of Profit & Loss for the year ended 31st March, 2023. Calculate Cash flow from Operating Activities.
[Ans.: Cash Flow from Operating Activities = ₹ 6,66,000.]
Solution:-
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