[ISC] Q. 16 Cash Flow Statement Solution TS Grewal Class 12 (2023-24)

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Solution of Question number 16 of the Cash Flow Statement of TS Grewal Book 2023-24 session ISC Board?

Calculate Cash Flow from Operating Activities from the following:

(i) Profit earned during the year is ₹ 4,00,000 after considering the following items:

Particulars
Depreciation on Fixed Assets
Amortised of Goodwill
Transfer to General Reserve
Gain (Profit) on sale of Land
50,000
5,000
25,000
50,000

(ii) The following is the position of Current assets and Current liabilities:

ParticularsClosing
Balance (₹)
Opening
Balance (₹)
Trade Receivable:
Debtors
Bills Receivable
15,000
8,000
12,000
10,000
Trade Payables (Creditors)
Prepaid Expenses
10,000
4,000
15,000
6,000

Solution:-

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