CBSE Class-12 Accountancy: Questions 168 - 174 of 209
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Question number: 168
Question number: 169
Question number: 170
Question number: 171
Question number: 172
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X Ltd. made a profit of Rs. 1, 00, 000/- after charging depreciation of Rs. 20, 000/- on assets and a transfer to General Reserve of Rs. 30, 000/-. The Goodwill written off was Rs. 7, 000/- and the gain on sale of machinery was Rs. 3, 000/-. The other information available to you (changes in the value of current assets and current liabilities) is as follows:
At the end of the year Debtors showed an increase of Rs. 6, 000/-, creditors an increase of Rs. 10, 000/-, prepaid expenses an increase of Rs. 200/-, Bills Receivable a decrease of Rs. 3, 000/-, Bills Payable a decrease of Rs. 4, 000/- and outstanding expenses a decrease of Rs. 2, 000/-. Ascertain the cash flow from the operating activities.