[CBSE] Q.17 Cash Flow Statement TS Grewal Class 12 2023-24

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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:

Particulars31st 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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