InterviewSolution
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The following is the statement of Profit and Loss of Yamuna Limited for the year ended March 31, 2017: ParticularsNoteAmountNo.I. Revenue From Opeerations (Sales)10,00,000–––––––––––II. Expenses: Purchases5,00,000 Changes in Inventories (Opening Inventory - Closing Inventory) (2,50,000−2,00,000)50,000 Other Expenses3,00,000–––––––––– Total Expenses8,50,000––––––––––III. Profit Before Tax (I-II)1,50,000 Additional Information: (1) Trade Receivables decrease by Rs. 30,000 during the year. (2) Prepaid expenses increase by Rs. 5,000 during the year. (3) Trade payables decrease by Rs. 15,000 during the year. (4) Outstanding expenses increased by Rs. 3,000 during the year. (5) Operating expenses included depreciation of Rs. 25,000. Compute net cash provided by operations for the year ended March 31,2017 by the indirect method. |
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Answer» The following is the statement of Profit and Loss of Yamuna Limited for the year ended March 31, 2017: |
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