I want step by step explanation 5.454 From the following balances you are required to calculate cash from operations:31-12-200531-12-2006Rs.Rs.00 Debtors30,00047,000Bills receivable10,00012,500Creditors20,00025,000oBills payable00Outstanding expensesPrepaid expenses8,0006,0001,0001,200800700Accrued income600750Income received in advance300250Profit made during the year1,30.000[Bharathiar B.B.M. (CA) Nov. 2007][Madras, BCA Nov. 2010; B.Com., B.Com(CS) etc.Nov. 2009; B.Com (ICE) Nov. 2007; 1st M.ComMay 2007 PBD (ICE); Nov. 2006; B.Com. April 2006;B.Com.(CS) April 2006; BCA/B.Sc. April 2005;Nov. 2004; April 2004][Ans: Cash from operations : Rs. 1,33,600of(1,30,000 + 8,300 – 4,700)|

Cash flow statement is one of the financial statement which states the inflows as well as outflows…

Answered: Debtors Bills recei Creditors Bills…

Business

Accounting

Debtors Bills recei Creditors Bills payal Outstandin Prepaid ex Accrued in Income rec Profit made

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 13MCQ

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Question

I want step by step explanation

5.45
4 From the following balances you are required to calculate cash from operations:
31-12-2005
31-12-2006
Rs.
Rs.
00 Debtors
30,000
47,000
Bills receivable
10,000
12,500
Creditors
20,000
25,000
oBills payable
00Outstanding expenses
Prepaid expenses
8,000
6,000
1,000
1,200
800
700
Accrued income
600
750
Income received in advance
300
250
Profit made during the year
1,30.000
[Bharathiar B.B.M. (CA) Nov. 2007]
[Madras, BCA Nov. 2010; B.Com., B.Com(CS) etc.
Nov. 2009; B.Com (ICE) Nov. 2007; 1st M.Com
May 2007 PBD (ICE); Nov. 2006; B.Com. April 2006;
B.Com.(CS) April 2006; BCA/B.Sc. April 2005;
Nov. 2004; April 2004]
[Ans: Cash from operations : Rs. 1,33,600
of
(1,30,000 + 8,300 – 4,700)|

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