[DK Goyal] Q 7 Cash Flow Statement Solution CBSE Class 12 (2022-23)
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Solution of Question 7 of Cash Flow statement DK Goyal Class 12 CBSE 2022-23
Question – 7
Calculate ‘Cash from Operating Activities’ from the following:-
i) Profits made during the year ₹ 2,50,000 after considering the following items:-
| ₹ | |
| a) Depreciation on Plant and Machinery | 10,000 |
| b) Amortization of Goodwill | 5,000 |
| c) Loss on sale of Machinery | 7,000 |
| d) Gain on sale of Land | 3,000 |
ii) Additional Information:-
| 31.3.2022 (₹) | 31.3.2021 (₹) | |
| Trade Receivables Trade Payables Prepaid Expenses | 23,000 10,000 4,000 | 22,000 15,000 6,000 |
Solution:-
