InterviewSolution
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The Statement of Profit and Loass of an enterprise for the year ended 31st March, 2018, stood as follows: ParticularsNoteAmountNo.I. Revenue from Operations1,38,0000II. Other Income11,60,000––––––––––III. Total Revenue1,5,40000–––––––––––IV. Expenses Purchases9,30,000 Changes in Inventories (Opening Inventory - Closing Inventory) (1,00,000 - 1,30,000)(30,000) Emplyee Benefit Expenses1,15,000 Depreciation and Amortization Expenses287,000 Other Expenses33,50,000–––––––––– Total Expenses1,45,2000V. Profit Before Tax (III - IV)88,000 Notes: (1) Other Income:Divident Received 40,000Profit on Sale of BuildingBook Value (5,00,000)Sold for 6,20,000––––––––––1,20,000––––––––––1,60,000–––––––––– (2) Depreciation and Amortization Expenses:Depreciation55,000Goodwill written off20,000––––––––75,000–––––––– (3) Other Expenses:Office Expenses31,0000Selling and Distribution Expenses40,000Share Issue Expenses Written off12,000––––––––3,62,000–––––––––– Additional Information: Rs. 1. Manufacturing Wages Outstanding 50,000 2. Salaries Outstanding 40,000 3. Salaries Prepaid 5,000 Calculate the amount of cash generated from operating activites. |
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Answer» The Statement of Profit and Loass of an enterprise for the year ended 31st March, 2018, stood as follows: |
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