Calculate cash flow from operating activities from the following information: Total Sales for the year - ₹2,50,000 Total purchases for the year -  ₹2,00,000 Trade debtors as on 01.07.2007 -  ₹12,000 Trade creditors as on 01.07.2007 -  ₹14,500 Trade debtors as on 30.06.2008 – ₹ 20,800 Trade creditors as on 30.06.2008 – ₹ 21,600 Total operating expenses for the year – ₹ 10,200 Outstanding expenses as on 01.07.2007 – ₹ 1,800 Prepaid expenses as on 01.07.2007 – ₹ 1,500 Outstanding expenses as on 30.06.2008 – ₹ 2,400 Prepaid expenses as on 30.06.2008 – ₹ 2,200 Income tax paid during the year - ₹ 2,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Calculate cash flow from operating activities from the following information:

Total Sales for the year - ₹2,50,000

Total purchases for the year -  ₹2,00,000

Trade debtors as on 01.07.2007 -  ₹12,000

Trade creditors as on 01.07.2007 -  ₹14,500

Trade debtors as on 30.06.2008 – ₹ 20,800

Trade creditors as on 30.06.2008 – ₹ 21,600

Total operating expenses for the year – ₹ 10,200

Outstanding expenses as on 01.07.2007 – ₹ 1,800

Prepaid expenses as on 01.07.2007 – ₹ 1,500

Outstanding expenses as on 30.06.2008 – ₹ 2,400

Prepaid expenses as on 30.06.2008 – ₹ 2,200

Income tax paid during the year - ₹ 2,000

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