Raj Ltd. had a profit of ₹ 17,50,000 for the year ended 31.3.2023 after considering the following Depreciation on building ₹ 1,30,000
Raj Ltd. had a profit of ₹ 17,50,000 for the year ended 31.3.2023 after considering the following:
| Depreciation on building | 1,30,000 |
| Depreciation on plant and machinery | 40,000 |
| Goodwill written off | 25,000 |
| Loss on sale of machinery | 9,000 |
Following was the position of current assets and current liabilities of the company as at 31.3.2022 and 31.3.2023.
| 31.3.2022 | 31.3.2023 | |
| Inventory | 70,000 | 87,000 |
| Bills Receivable | 67,000 | 58,000 |
| Cash | 60,000 | 75,000 |
| Creditors | 68,000 | 77,000 |
| Outstanding Salary | 7,000 | 4,000 |
| Bills Payable | 43,000 | 29,000 |
Calculate Cash flow from Operating activities. [Ans. Cash flow from Operating Activities ₹ 19,38,000.]
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