Question

12. Calculate Cash from Operations from the following income statement of Sohan (a proprietor) : Trading and Profit & Loss Account for the year ended 31st March, 2017 Dr. Particulars ₹ Particulars 2,60,00 To Opening stock Purchases (including credit purchases 55,000) Wages and salaries Add : Outstanding Gross profit 5,000 By Sales (including credit 1,30,000 sales 60,000) Closing stock 20,000 8,000 2,000 10,000 1,35,000 2,80,000 2,80,000 To Insurance Less : Prepaid „Net profit 10,000 3,000 1,35,000 7,000 1,45,000 1,52,000 By Gross profit - Commission Add : Accrued 12,000 5,000 17,000 1,52,000 ​

Answer 1

Answer:

17483 92848329

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