Determine ‘Cash Flow from Operating Activities’ from the following Statement of Profit & Loss of Rocky Ltd. for the year ended 31st March 2023
Determine ‘Cash Flow from Operating Activities’ from the following Statement of Profit & Loss of Rocky Ltd. for the year ended 31st March 2023:
| Particulars | ₹ |
| 1. Revenue from Operations (Net Sales) | 10,00,000 |
|
II. Expenses: (a) Purchases of Stock in Trade (b) Change in Inventories of Stock in Trade (c) Depreciation and Amortisation Expense (d) Other Expense |
5,00,000 50,000 25,000 2,75,000 |
| Total Expenses | 8,50,000 |
|
III. Profit before Tax (I – II) IV. Less: Tax |
1,50,000 50,000 |
| V. Profit after Tax (III – IV) | 1,00,000 |
Notes to Accounts
| Particulars | ₹ |
|
1. Change in Inventories of Stock-in-Trade Opening Inventories Less: Closing Inventories |
2,50,000 2,00,000 |
| Â | 50,000 |
Additional Information:
(i) Trade Receivable decreased by ₹ 30,000 during the year.
(ii) Prepaid Expenses increased by ₹ 5,000 during the year.
(iii) Trade Payables decreased by ₹ 15,000 during the year.
(iv) Outstanding expenses increased by ₹ 3,000 during the year.
Anurag Pathak Changed status to publish November 28, 2023
