Debtors Bills recei Creditors Bills payal Outstandin Prepaid ex Accrued in Income rec Profit made

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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5.45
4 From the following balances you are required to calculate cash from operations:
31-12-2005
31-12-2006
Rs.
Rs.
00 Debtors
30,000
47,000
Bills receivable
10,000
12,500
Creditors
20,000
25,000
oBills payable
00Outstanding expenses
Prepaid expenses
8,000
6,000
1,000
1,200
800
700
Accrued income
600
750
Income received in advance
300
250
Profit made during the year
1,30.000
[Bharathiar B.B.M. (CA) Nov. 2007]
[Madras, BCA Nov. 2010; B.Com., B.Com(CS) etc.
Nov. 2009; B.Com (ICE) Nov. 2007; 1st M.Com
May 2007 PBD (ICE); Nov. 2006; B.Com. April 2006;
B.Com.(CS) April 2006; BCA/B.Sc. April 2005;
Nov. 2004; April 2004]
[Ans: Cash from operations : Rs. 1,33,600
of
(1,30,000 + 8,300 – 4,700)|
Transcribed Image Text:5.45 4 From the following balances you are required to calculate cash from operations: 31-12-2005 31-12-2006 Rs. Rs. 00 Debtors 30,000 47,000 Bills receivable 10,000 12,500 Creditors 20,000 25,000 oBills payable 00Outstanding expenses Prepaid expenses 8,000 6,000 1,000 1,200 800 700 Accrued income 600 750 Income received in advance 300 250 Profit made during the year 1,30.000 [Bharathiar B.B.M. (CA) Nov. 2007] [Madras, BCA Nov. 2010; B.Com., B.Com(CS) etc. Nov. 2009; B.Com (ICE) Nov. 2007; 1st M.Com May 2007 PBD (ICE); Nov. 2006; B.Com. April 2006; B.Com.(CS) April 2006; BCA/B.Sc. April 2005; Nov. 2004; April 2004] [Ans: Cash from operations : Rs. 1,33,600 of (1,30,000 + 8,300 – 4,700)|
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