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compute cash flows from operating activities:

compute cash flows from operating activities:

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
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.
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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