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Cash Flow Statement 4.39
3. Dr. ACCUMULATED DEPRECIATION ACCOUNT Cr.

Particulars ` Particulars `
To Machinery A/c (Transfer) 6,000 By Balance b/d 6,00,000
To Balance c/d (Given) 8,00,000 By Depreciation A/c (Balancing Figure) 2,06,000
(Statement of Profit & Loss)
8,06,000 8,06,000

Unsolved Questions

1. From the following information, calculate Net Profit before Tax and Extraordinary Items:
`
Surplus, i.e., Balance in Statement of Profit & Loss (Opening) (2,00,000)
Surplus, i.e., Balance in Statement of Profit & Loss (Closing) 6,72,000
Dividend Paid in the current year 1,44,000
Interim Dividend Paid during the year 1,80,000
Transfer to Reserve 2,00,000
Provision for Tax for the current year 3,00,000
Refund of Tax 6,000
Loss due to Earthquake 4,00,000
Insurance Claim Received from Earthquake disaster settlement 2,00,000
[Ans.: Net Profit before Tax and Extraordinary Items: ` 18,90,000.]
2. Calculate Cash Flow from Operating Activities from the following information:
Particulars 31st March, 31st March,
2024 (`) 2023 (`)
Surplus, i.e., Balance in Statement of Profit & Loss 3,10,000 3,40,000
Trade Receivables 1,50,000 1,70,000
Outstanding Rent 48,000 72,000
Goodwill 80,000 70,000
Prepaid Insurance 20,000 10,000
Trade Payables 1,20,000 1,60,000
[Ans.: Cash Used in Operating Activities = ` 84,000.]

3. Calculate Cash Flow from Operating Activities from the following information: `
Net profit for the year ended 31st March, 2024 15,00,000
Annual Depreciation 6,00,000
Gain (Profit) on sale of furniture which was transferred to Statement of Profit & Loss 1,50,000
Trade Receivables (Increase in Debtors) 1,20,000
Trade Payables (Increase in Creditors) 1,80,000
[Ans.: ` 20,10,000.]