Net Profit =10,000. Add back non-cash and non-operating: Depreciation 2,000 + General Reserve 3,000 + Goodwill 700 − Profit on sale 300 =15,400 operating profit before working capital changes. Adjust working capital: −300 (debtors) +600 (creditors) −20 (prepaid) −200 (outstanding) =15,480.
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.…
CUET UG 2023 — Accountancy Financial Statements
2023mcqhard
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?
Official previous-year question
Held on 29 May 2023 · Verified 13 Jul 2026.
Options
- A
Rs. 15,500
- B
Rs. 15,480
- C
Rs. 15,000
- D
Rs. 16,000
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