Q. 15 DK Goel Cash Flow Statement Solutions Class 12 CBSE (2024-25)

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Solution of question number 15 of Cash Flow Statement chapter 7 of DK Goel Class 12 CBSE (2024-25).

The following is the statement of Profit and Loss of Z Ltd. for the year ended March 31, 2024:

ParticularsAmount (₹)
I. Revenue from Operations40,00,000
II. Expenses:
Purchases
Changes in Inventories (Opening Inventory – Closing Inventory) (₹ 8,00,000 – ₹ 9,00,000)
22,00,000
(1,00,000)
Depreciation and Amortization Expenses80,000
Other Expenses10,20,000
Total Expenses32,00,000
III. Profit before Tax (I – II)8,00,000

Additional Information:

(i) Sundry Creditors increased by ₹ 40,000 during the year.

(ii) Sundry Debtors increased by ₹ 70,000 during the year.

(iii) Outstanding wages decreased by ₹ 10,000 during the year.

(iv) Bills Receivable decreased by ₹ 5,000 during the year.

(v) Prepaid Expenses decreased by ₹ 20,000 during the year.

Compute net Cash from Operations by the indirect method.

[Ans. Net Cash from operating activities ₹ 7,65,000.]

Solution:-

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