Question :
What is the cash flow from operating activity from the following information :
|
Particulars |
31-03-2022 |
31-03-2021 |
|
Surplus i.e. Balance in statement of Profit and loss Trade receivable Outstanding Rent Prepaid Exp. Trade Payable |
770000 350000 168000 56000 182000 |
840000 434000 294000 28000 266000 |
Option 1: Rs.14,000
Option 2: Rs.(70,000)
Option 3: Rs.(2,24,000)
Option 4: None of the Above
Correct Answer: Rs.(2,24,000)
Solution :
| Net loss during the year (770000 - 840000) = | (70000) | |
| Cash Flow from Operating activity | ||
| Net Loss during the year | (70000) | |
| Add | Decrease in current asset: | |
| Trade Receivable (434000-350000) | 84000 | |
| 14000 | ||
| Less | Increase in Current assets or Decrease in current Liabilities | |
| Prepaid Exp. (56000 - 28000) | 28000 | |
| Outstanding Rent (294000-168000) | 126000 | |
| Trade Payable (266000-182000) | 84000 |
Hence Cash used in Operating activity Rs.(2,24,000).
Hence the correct answer is option 3.
Related Questions
Question :
Calculate Operating ratio -
|
Particulars |
Amount |
|
Revenue from Operations |
600000 |
|
Gross profit |
20% |
|
Office Expense |
30000 |
|
Selling Expense |
48000 |
Option 1: 80%
Option 2: 95.33%
Option 3: 85%
Option 4: 93%
Question :
From the Following information what will be the amount of asset purchased during the year?
|
Particulars |
Closing |
Opening |
|
Machinery (At cost) |
690000 |
600000 |
|
Accumulated Depreciation |
90000 |
60000 |
Additional information: During the year a machine coating Rs.50,000 with accumulated depreciation Rs.32,000 was sold for Rs.20,000.
Option 1: Rs.1,40,000
Option 2: Rs.1,20,000
Option 3: Rs.1,65,000
Option 4: None of the above
Question :
Calculate Cash Flow From Investing activities From the following information -
|
Particulars |
Amount |
|
Purchase of machine |
300000 |
|
Purchase of goodwill |
150000 |
|
Purchase of Investment |
200000 |
|
Sale of Machine |
85000 |
|
Sale of inveatment |
80000 |
|
Sale of Patents |
90000 |
|
Interest and dividend Received |
60000 |
|
Rent Received |
80000 |
Option 1: Rs.(2,55,000)
Option 2: Rs.6,50,000
Option 3: Rs.3,95,000
Option 4: None of the Above
Question :
On the basis of following information received from a firm, its proprietary ratio will be -
|
Particulars |
Amount |
|
Fixed assets |
330000 |
|
Current assets |
190000 |
|
Preliminary Exp. |
30000 |
|
Equity share capital |
244000 |
|
Prefrence share capital |
170000 |
|
Reserve Fund |
58000 |
Option 1: 80%
Option 2: 85%
Option 3: 70%
Option 4: 90%
Question : M & N were partners. They decided to dissolve their firm on 31st march 2022. The balance sheet of the firm is given below. M undertook to pay Mrs. M Loan and took over 40% of the stock and 70% of machinery at a discount of 15%.The Value at which asset is taken over by M will be :
Balance sheet as at 31st march 2022
|
Liabilities |
Amount |
Assets |
Amount |
|
Capital M |
40000.00 |
Furniture |
50000.00 |
|
N |
100000.00 |
Machinery |
20000.00 |
|
Mrs. M Loan |
15000.00 |
Stock |
50000.00 |
|
Cash in Hand |
35000.00 |
||
|
155000.00 |
155000.00 |
Option 1: Rs.17,000
Option 2: Rs.5,100
Option 3: Rs.28,900
Option 4: None of the Above
Trending Articles/News
