From the following information calculate Cash from operating activities Profit & Loss Balance on 1-4-2021 (Debit) ₹ 12,000
From the following information, calculate ‘Cash from operating activities’:
| ₹ | |
| Profit & Loss Balance on 1-4-2021 (Debit) | 12,000 |
| Profit & Loss Balance on 31-3-2022 (Credit) | 60,000 |
| Writing off Preliminary Expenses | 10,000 |
| Transfer to General Reserve | 40,000 |
| Transfer to Provision for Doubtful Debts | 6,000 |
| Increase in Trade Receivables | 32,000 |
| Trade Payables on 1-4-2021 | 60,000 |
| Trade Payables on 31-3-2022 | 52,000 |
| Prepaid Expenses on 1-4-2021 | 7,500 |
| Prepaid Expenses on 31-3-2022 | 5,000 |
| Outstanding Expenses on 1-4-2021 | 4,000 |
[Ans. Cash from operating activities ₹ 86,500.]
Hint:- Net Profit as per Profit & Loss A/c = ₹ 12,000 + ₹ 60,000 = ₹ 72,000.
Anurag Pathak Changed status to publish 4 days ago
