Calculate Cash Flow from Operating Activities from the following:
- Profit for the year is ₹ 7,00,000 after considering the following items:
| Particulars | ₹ |
| Depreciation of Fixed Assets Goodwill Amortised Gain (Profit) on sale of Land Appropriation of Profit towards General Reserve |
40,000 20,000 90,000 60,000 |
- Following is the position of Current Assets and Current Liabilities:
| Particulars | Closing Balances (₹) |
Opening Balances (₹) |
| Trade Payables Trade Receivables Prepaid Expenses |
50,000 75,000 10,000 |
75,000 60,000 18,000 |
Solution :
