compute cash flows from operating activities:
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![From the following
compute cash flows from operating activities:
BALANCE SHEET
(An Extract)
Particulars
Note No.
31.3.2015
31.3.2014
$4
1. EQUITY AND LIABILITIES
Shareholders' Funds
Reserve and Surplus
II. ASSETS
1
5,00,000
1,00,000
Non Current Assets
Fixed Assets
Tangible Assets
3,00,000
2
2,50,000
Notes to Accounts
31.3. 2015 31.3. 2014
$
$
Note No. 1: Reserves and Surplus
Surplus i.e., Balance in Statement of
Profit and Loss
5,00,000
1,00,000
5,00,000
1,00,000
Note No. 1: Tangible Assets
Machinery
2,50,000
3,00,000
2,50,000
3,00,000
Additional Information:
During the year a part of machinery of $ 10,000 was sold for $ 5,000.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F87f143be-369f-483f-ab63-0da695d10263%2F54116795-0053-449d-90cb-e0fec9f05318%2Fhm3tnpq_processed.jpeg&w=3840&q=75)
Transcribed Image Text:From the following
compute cash flows from operating activities:
BALANCE SHEET
(An Extract)
Particulars
Note No.
31.3.2015
31.3.2014
$4
1. EQUITY AND LIABILITIES
Shareholders' Funds
Reserve and Surplus
II. ASSETS
1
5,00,000
1,00,000
Non Current Assets
Fixed Assets
Tangible Assets
3,00,000
2
2,50,000
Notes to Accounts
31.3. 2015 31.3. 2014
$
$
Note No. 1: Reserves and Surplus
Surplus i.e., Balance in Statement of
Profit and Loss
5,00,000
1,00,000
5,00,000
1,00,000
Note No. 1: Tangible Assets
Machinery
2,50,000
3,00,000
2,50,000
3,00,000
Additional Information:
During the year a part of machinery of $ 10,000 was sold for $ 5,000.
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