) The net income reported on the income statement for the year was Rs.1,10,000 and depreciation of fixed assets for the year was Rs.44,000. The balances of the current asset and current liability accounts at the beginning and end of the year are as follows: End of the Year (Rs.) Beginning of the Year ( Rs.) Cash Debtors Inventories Prepaid Expenses Accounts Payable 1,30,000 2,00,000 2,90,000 15,000 1,02,000 1,40,000 1,80,000 3,00,000 16,000 1,16,000 Calculate total cash from operation activities.
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Net income from income statement is 110000.Add net income first while calculating cash flow from operating activities.
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) The net income reported on the income statement for the year was Rs.1,10,000 and depreciation of fixed assets for the year was Rs.44,000. The balances of the current asset and current liability accounts at the beginning and end of the year are as follows: End of the Year (Rs.) Beginning of the Year ( Rs.) Cash Debtors Inventories Prepaid Expenses Accounts Payable 1,30,000 2,00,000 2,90,000 15,000 1,02,000 1,40,000 1,80,000 3,00,000 16,000 1,16,000 Calculate total cash from operation activities
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