Calculate net cash flows from Operating Activities from the following details.
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Rs Don't use plagiarized sources. Get Your Custom Essay on
calculate net cash flows from operating activities from the following details 609277
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Profits earned during the year 2008 |
50,000 |
|
Transfer to General Reserve |
10,000 |
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Depreciation provided |
20,000 |
|
Profit on Sale of Furniture |
5,000 |
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Loss on Sale of Machineries |
10,000 |
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Preliminary Expenses retain off |
10,000 |
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Particulars |
2007 Rs |
2009 Rs |
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Debtors |
10,000 |
15,000 |
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Bills Receivable |
7,000 |
5,000 |
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Stock |
15,000 |
18,000 |
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Prepaid Expenses |
2,000 |
3,000 |
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Bills Payable |
15,000 |
25,000 |
|
Creditors |
20,000 |
18,000 |
|
Outstanding Expenses |
3,000 |
4,000 |
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