Debtors Bills recei Creditors Bills payal Outstandin Prepaid ex Accrued in Income rec Profit made
Debtors Bills recei Creditors Bills payal Outstandin Prepaid ex Accrued in Income rec Profit made
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
I want step by step explanation
![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)|](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe68e611f-2608-431c-a0a9-c86c772a1677%2Fb1dd125e-f74d-4aab-8cc4-41ba3fd49573%2Fk09o0vi_processed.jpeg&w=3840&q=75)
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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