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Raj Ltd arrived at a net profit of Rs 100000 for the year ended 31st March, 2022. Depreciation for the year is Rs 10000, Loss on sale of Asset is Rs 20000, Interest paid on loan is Rs10000, Gain on sale of assets is Rs 20000. Tax is 20%. Calculate cash flow from operating activity using indirect method. Additional information: Particulars 31-Mar-21 31-Mar-22 Creditors 50000 40000 Debtors 40000 30000 Inventory 25000 35000 Bills Receivables 30000 50000 Bills Payable 25000 40000

Raj Ltd arrived at a net profit of Rs 100000 for the year ended 31st March, 2022. Depreciation for the year is Rs 10000, Loss on sale of Asset is Rs 20000, Interest paid on loan is Rs10000, Gain on sale of assets is Rs 20000. Tax is 20%. Calculate cash flow from operating activity using indirect method. Additional information: Particulars 31-Mar-21 31-Mar-22 Creditors 50000 40000 Debtors 40000 30000 Inventory 25000 35000 Bills Receivables 30000 50000 Bills Payable 25000 40000

Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter21: The Statement Of Cash Flows
Section: Chapter Questions
Problem 5RE: In the current year, Harrisburg Corporation had net income of 35,000, a 9,000 decrease in accounts...
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Raj Ltd arrived at a net profit of Rs 100000 for the year ended 31st March, 2022. Depreciation for the year is Rs 10000, Loss on sale of Asset is Rs 20000, Interest paid on loan is Rs10000, Gain on sale of assets is Rs 20000. Tax is 20%.

Calculate cash flow from operating activity using indirect method.

Additional information:

Particulars 31-Mar-21 31-Mar-22
Creditors 50000 40000
Debtors 40000 30000
Inventory 25000 35000
Bills Receivables 30000 50000
Bills Payable 25000 40000

 

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