1.cash Flow From Operating Activities.docx

Model Problems on –Cash Flow Statement [From Operating Activities] Sr No.

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Problems

Ans & Remark

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From the following information, Calculate “Cash Flow From Operating Activities”:Particulars Surplus,i.e.,Balance in Statement of Profit and Loss Trade Receivables: Debtors Bills Receivable General Reserve Debenture Redemption Reserve Salary O/S Wages Prepaid Goodwill

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31.03.2015 [Rs.] 65,000

31.03.2014 [Rs.] 60,000

40,000 1,03,000 2,37,000 1,00,000 12,000 7,000 70,000

87,000 62,000 2,02,000 78,000 30,000 5,000 80,000 Q.28 P-3.28 TSG

From the following information, Calculate “Cash Flow From Operating Activities”:Particulars Surplus,i.e.,Balance in Statement of Profit and Loss on 01.04.14 Surplus,i.e.,Balance in Statement of Profit and Loss on 31.03.15 Depreciation Amortisation of Goodwill Loss on Sale of Machine Provision for Tax Transfer to General Reserve Decrease in Debtors [Trade Receivables] Decrease in Bills Payable [Trade Payables] O/S Expenses on 01.04.14 O/S Expenses on 31.03.15 Prepaid Expenses on 01.04.14 Prepaid Expenses on 31.03.15

Additional Information: Income Tax Paid during the year was Rs.2,50,000.

Q.25 Page3.24 [TSG] Ans: 58,000

Ans:

31.03.15 [Rs.] 3,50,000 9,00,000 1,25,000 80,000 2,00,000 1,50,000 3,00,000 2,28,000 47,000 50,000 65,000 40,000 20,000

13,61,000

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Arthur Ltd reported a profit of Rs.90,000 for the year ended 31st March,2012 after considering the following:a)Tax Provided during the year --------------------------------- Rs.3,000 b)Amortisation of Goodwill ------------------------------Rs.12,000 c)Profit on Sale of Land ------------------------------Rs.5,000 d)Writing Off Preliminary Expenses----------------------------------Rs.2,000 e)Machinery Costing Rs.40,000 (Accumulated Depreciation thereon being Rs.18,000) was sold during the year at a loss of Rs.17,000. Extracts of its Balance Sheets in the beginning and at the end of the year are given below:1st April,2011 31st Mar,2012 Particulars [Rs.]

Accounts Receivable--------------------------------------16,000 Stock-----------------------------------------------------------15,000 Cash at Bank-------------------------------------------------10,000 Accounts Payable-----------------------------------------11,000 Expenses Payable----------------------------------------5,000 Provision for Taxation------------------------------------6,000 Investments[Short Term]-------------------------------2,000 Plant and Machinery[Net Value]----------------------1,30,000 Proposed Dividend--------------------------------------10,000 You are required to calculate “Cash Flow From Operating Activities”

Q.30 P-3.32 Ans: 1,38,000

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20,000 12,000 8,000 9,000 6,000 4,000 5,000 94,000 12,000

as per Accounting

Standard -3[Show Your Workings Clearly]

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Capex Ltd reported a profit of Rs.1,25,000 for the year ended 31st March,2014 after considering the following:a)Prov. for Tax during the year --------------------------------- Rs.20,000 b) Goodwill Amortised ------------------------------Rs.10,000 c)Profit on Sale of Furniture ------------------------------Rs.5,000 d)Writing Off Preliminary Expenses----------------------------------Rs.2,000 e)Machinery Costing Rs.80,000 (Accumulated Depreciation thereon being Rs.20,000) was sold during the year at a loss of Rs.10,000. Extracts of its Balance Sheets in the beginning and at the end of the year are given below:31st Mar,2013 31st Mar,2014 Particulars Trade Receivables--------------------------------------Inventory[Stock]-------------------------------------------Cash at Bank------------------------------------------------Accounts Payable-----------------------------------------Expenses O/S-------------------------------------------Provision for Taxation------------------------------------Investments[Short Term]-------------------------------Plant and Machinery[Net Value]----------------------Proposed Dividend---------------------------------------

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40,000 30,000 10,000 22,000 5,000 10,000 40,000 1,40,000 10,000

48,000 24,000 8,000 18,000 6,000 8,000 70,000 60,000 15,000

You are required to calculate “Cash Flow From Operating Activities” as per Accounting

Standard -3[Show Your Workings Clearly]

Q.37 [TSG] P-3.94 Ans:1,7 0,000

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Calculate “Cash Flow From Operating Activities” from the following information: OP.Balance OP.Balance Particulars [Rs.] Surplus,i.e.,Balance in Statement of Profit and Loss

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3,00,000 3,50,000 General Reserve 1,00,000 1,50,000 Prov. for Depreciation on Plant 3,00,000 3,50,000 O/S Exp 50,000 30,000 Goodwill 2,00,000 1,00,000 Trade Receivables [Sundry Debtors] 4,00,000 3,50,000 A part of plant costing Rs.2,00,000 having book value of Rs.1,40,000 was sold for Rs.1,80,000 during the year.

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Q.27 P-3.27 TSG Ans: 3,00,0 00

Ans: 16,04,000