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Compute Cash Flow from Operating Activities from the following: Particulars Closing Balances (₹) Opening Balances (₹) Surplus, i.e., Balance in Statement of Profit and Loss 65,000 60,000 Trade Receivables: Debtors 67,000 1,02,000 Bills Receivable 1,03,000 62,000 General Reserve 2,37,000 2,02,000 Provision for Depreciation 30,000 20,000 Outstanding Expenses 12,000 30,000 Goodwill 70,000 80,000 An asset costing ₹ 40,000 having book value of ₹ 28,000 was sold for ₹ 36,000. |
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Answer» Compute Cash Flow from Operating Activities from the following:
An asset costing ₹ 40,000 having book value of ₹ 28,000 was sold for ₹ 36,000. |
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