From the following information, calculate Cash Flow from Operating Activities: Additional Information: Particulars 31.03.2015 Rs. 31.03.2014 Rs. Surplus (i.e.,Balance in the Statement of Profit and Loss) Inventory Trade receivables Outstanding Expenses Goodwill Cash in hand Machinery 71,000 12,000 58,000 14,600 57,000 9,000 82,000 89,000 4,000 45,000 10,000 27,000 12,000 56,000 I. A piece of machinery costing Rs 50,000 on which depreciation of Rs 20,000 had been charged was sold for Rs 10,000. Depreciation charged during the year was Rs 18,000. II. Income tax Rs 23,000 was paid during the year. III. Dividend paid during the year was Rs 36,000.
Answers
Explanation:
Ans- Cash flow from opening activity = Rs. 39,600
Answer:
Net Cash flow from operating activities Rs 39,600
Explanation:
Cash Flow Statement
Cash flow from operating activities
1. Net Profit from the statement of profit and loss (- 18000)
{ closing balance - opening balance
71000 - 89000}
+ Transfer to Reserves
{ Income tax 23000
Dividend Paid 36000 59000
(A) Net profit before tax and extra ordinary item 41000
(B) Adjustment for Non - cash and non operating items
+ Depreciation 18000
+ Loss on sale 20000
+ Increase in O/S expenses 4600 42600
83600
(C) Deductions
- Increase in inventory (8000)
- Increase in trade receivable (13000) (-21000)
62600
- Tax paid (-23000)
Net Cash flow from operating activities 39600
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