InterviewSolution
Saved Bookmarks
| 1. |
Grand Hospitality Ltd., reported Net Profit after Tax of ₹ 6,40,000 for the year ended 31st March, 2019. The relevant extract from Balance Sheet as at 31st March, 2019 is: Particulars 31st March, 2019 (₹) 31st March, 2018 (₹) Inventories 1,15,000 1,25,000 Trade Receivables 1,50,000 1,10,000 Prepaid Expenses 20,000 6,000 Trade Payables 1,10,000 80,000 Provision for Tax 20,000 15,000 Depreciation charged on Plant and Machinery ₹ 55,000, insurance claim received ₹ 50,000, gain (profit) on sale of investment ₹ 20,000 appeared in the Statement of Profit and Loss for the year ended 31st March, 2019. Calculate Cash Flow from Operating Activities. |
||||||||||||||||||||||||
Answer» Grand Hospitality Ltd., reported Net Profit after Tax of ₹ 6,40,000 for the year ended 31st March, 2019. The relevant extract from Balance Sheet as at 31st March, 2019 is:
Depreciation charged on Plant and Machinery ₹ 55,000, insurance claim received ₹ 50,000, gain (profit) on sale of investment ₹ 20,000 appeared in the Statement of Profit and Loss for the year ended 31st March, 2019. Calculate Cash Flow from Operating Activities. |
|||||||||||||||||||||||||