Operating Expenses include

A. Rent paid

B. Interest paid on loan

C. Selling and Distribution Expenses

D. Commission Received

E. Salaries Paid

Choose the correct answer from the options given below:

Cash payment to and on behalf of employees is:

Arrange the following Cash Flows from Operating Activities in sequence as per indirect method-

(A) Income Tax Paid

(B) Net Profit/Loss before Tax and Extraordinary Items

(C) Operating Profit before Working Capital changes

(D) Effects of Extraordinary Items relating to operating activity.

Choose the correct answer from the options given below:

Which combination of the following activities are financing activities-

(A) Proceeds from issue of equity share capital.

(B) Purchase of goodwill.

(C) Proceeds from long-term borrowings.

(D) Interim dividend paid on equity shares.

Choose the correct answer from the options given below:

Which of the following does not result in outflow of cash?

(A) Depreciation

(B) Loss on sale of fixed assets

(C) Purchase of fixed assets

(D) Goodwill written off

Choose the correct answer from the options given below:

In a cash flow statement, the balance sheet shows Provision for Taxation of Rs. 80,000 and Rs. 95,000 for the year 2023-24 and 2024-25 respectively. Tax paid during the year 2024-25 is Rs. 60,000. What will be the amount of tax to be added while calculating net profit before tax and extra ordinary items?

If a machinery is purchased, how will it be treated while preparing the cash flow statement as per AS-3 (Revised)?