Following is the position of Current Assets and Current Liabilities of Zohra Ltd Provision for Doubtful Debts 2,500
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Compute Cash Flow from Operating Activities from the following details Debtors 50,000 Bills Receivable 23,000
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From the following information, calculate Operating Profit before Working Capital Changes Net Profit Before Tax 6,00,000
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Calculate Net Profit before Tax of Power Tools Ltd. from its Balance Sheet as at 31st March, 2023
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From the following information, calculate Net Profit before Tax Surplus Balance in Statement of Profit & Loss ₹ 3,36,000
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Identify which of the following transactions is: a) Operating Activity; b) Investing Activity; c) Financing Activity, and d) Cash and Cash Equivalents
Answer:- Operating Activity iii), vii), x), xi) Operating Activities are the principal revenue producing activities of the enterprise Investing Activity ii), iv), vi) Investing Activities are the acquisition and disposal of long-term assets Financing Activity i, viii), ix), Financing Activities…
Identify which of the following transactions are: a) Operating Activities; b) Investing Activities, c) Financing Activity, and d) Cash and Cash Equivalents
Answer:- I) Operating Activity d) Operating Activities are the principal revenue producing activities of the enterprise ii) Investing Activity a), c), e) Investing Activities are the acquisition and disposal of long-term assets iii) Financing Activity b), f), g) Financing Activities…
Identify which of the following transactions are: (a) Operating Activity; (b) Investing Activity (c) Financing Activity, and (d) Cash and Cash Equivalents
Answer:- I) Operating Activity a), b), c), g) Operating Activities are the principal revenue-producing activities of the enterprise ii) Investing Activity h), i), Investing Activities are the acquisition and disposal of long-term assets iii) Financing Activity f), j), k), l)…
State which of the following transactions are classified or shown as Financing Activity Loan taken from Bank
Solution:- i), ii), iii), iv), v), vi) All above-quoted transactions change in size and composition of the owner’s capital and borrowings of the enterprise.
State Which of the following transactions are classified or shown as Investing Activity Proceeds from sale of Investments
Solution:- (i), (iii), (iv), and (v) are Investing Activity as it implies the acquisition and disposal of long-term assets.