From the following balance you are required
to calculate cash from operations.
31.12.2015 31.12.2016
Rs. Rs.
Debtors 50,000 47,000
Bills Receivable 10,000 12,500
Creditors 20,000 25,000
Bills Payable 8,000 6,000
Outstanding expenses 1,000 1,200
Prepaid Expenses 800 700
Accrued income 600 75
Income received in advance 300 250
Profit made during the year – 1,30,000
Answers
Answered by
0
Answer:
Capital
1,90,000
Cash at Bank
26,000
Drawing
7,000
Salaries
8,000
Plant and Machinery
1,20,000
Repairs
1,900
Delivery Vehicle
26,000
Stock on 1st April, 2017
16,000
Sundry Debtors
36,000
Rent
4,500
Sundry Creditors
26,000
Manufacturing Expenses
1,500
Purchases
20,000
Similar questions