C Ltd made a profit of Rs. 10,000 after charging depreciation of Rs. 2,000 on Assets, transfer to General Reserve Rs. 3,000, Written off Goodwill Rs. 700, Profit on sale of Asset Rs. 300, increase in Debtors Rs. 300, increase in creditors Rs. 600, increase in prepaid expenses Rs. 20 and decrease in outstanding expenses Rs. 200. What will be the cash from operating activities?

Question

Option 1: Rs. 15,500

Option 2: Rs. 15,480

Option 3: Rs. 15,000

Option 4: Rs. 16,000

AfterBoards · Accepted Answer

The answer is 'Rs. 15,480'. View full solution:

	31.3.2020 (Rs.)	31.3.2019 (Rs.)
Cash	36,000	30,000
Trade receivable	18,000	12,000
Provision for tax	9,000	8,000
Trade payables	20,000	16,000
Bank over draft	18,000	-

CUET Accountancy 2023 29 May Shift 2 PYQs

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