The following is the statement of Profit and Loss of Z Ltd. for the year ended March 31, 2024
The following is the statement of Profit and Loss of Z Ltd. for the year ended March 31, 2024:
| Particulars | Amount (₹) |
| I. Revenue from Operations | 40,00,000 |
| II. Expenses: | Â |
|
Purchases Changes in Inventories (Opening Inventory – Closing Inventory) (₹ 8,00,000 – ₹ 9,00,000) |
22,00,000 (1,00,000) |
| Depreciation and Amortization Expenses | 80,000 |
| Other Expenses | 10,20,000 |
| Total Expenses | 32,00,000 |
| III. Profit before Tax (I – II) | 8,00,000 |
Additional Information:
(i) Sundry Creditors increased by ₹ 40,000 during the year.
(ii) Sundry Debtors increased by ₹ 70,000 during the year.
(iii) Outstanding wages decreased by ₹ 10,000 during the year.
(iv) Bills Receivable decreased by ₹ 5,000 during the year.
(v) Prepaid Expenses decreased by ₹ 20,000 during the year.
Compute net Cash from Operations by the indirect method.
[Ans. Net Cash from operating activities ₹ 7,65,000.]
Anurag Pathak Changed status to publish 4 days ago
