Calculate Cash from Operating activities from the following Profit for the year amounted to ₹ 50,000 after providing for depreciation of ₹ 20,000
Calculate ‘Cash from Operating activities’ from the following:-
(I) Profit for the year amounted to ₹ 50,000 after providing for depreciation of ₹ 20,000.
(II) Following is the position of current assets and current liabilities:-
| 31.3.2022 (₹) | 31.3.2023 (₹) | |
| Cash in Hand | 15,000 | 28,000 |
| Trade Receivables | 1,00,000 | 70,000 |
| Provision for Doubtful Debts | 5,000 | 6,000 |
| Trade Payables | 80,000 | 75,000 |
| Inventories | 1,20,000 | 1,60,000 |
| Outstanding Expenses | – | 10,000 |
| Prepaid Expenses | 8,000 | 2,00,000 |
| Accrued Income | 10,000 | 15,000 |
| Income Received in Advance | 6,000 | 3,000 |
| Bank Overdraft | 75,000 | 60,000 |
[Ans. Cash from Operating activities ₹ 64,000.]
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