[ISC] Q. 14 Solution of Cash Flow Statement TS Grewal Class 12 2022-23

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Solution of Question number 14 of the Cash Flow Statement of TS Grewal Book 2022-23 session ISC Board?

Charles Ltd. earned profit of ₹ 1,00,000 after charging depreciation of ₹ 20,000 on assets and a transfer to General Reserve of ₹ 30,000. Goodwill amortised was ₹ 7,000 and gain on sale of machinery was ₹ 3,000.

Other inforamtion available is (Changes in the value of Current Assets and Current Liabilities) Trade Receivables showed an increase of ₹ 3,000; Trade Payables an increase of ₹ 6,000; Prepaid Expenses an increase of ₹ 200; and Outstanding Expenses a decrease of ₹ 2,000. Ascertain Cash Flow from Operating Activities.

Solution:-

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Read Here:- TS Grewal Solutions class 12 ISC Board (2022-23)

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