Homework Answers
Solution: Cash Flow from operating Activity (Direct Method)
| Particulars | Amount (Rs.) |
| Cash Receipts from Customers (1) | 2,17,000 |
| Cash paid to suppliers and Employees (2) | (164,500) |
| Cash generated from operating activity | 52,500 |
| Payment of Tax | (11,000) |
| Cash flow from operating activity | 41,500 |
1. Cash Receipts from Customer= 2,17,000
Sales= 2,20,000
+ Debtor and B/R at the beginnning=33,000
- Debtor and B/R at the end= 36,000
=2,17000
2. Cash Paid to suppliers and Employees= 164500
Cost of good Sold=1,20,000
+ operating Expenses(Salaries+insurance Premium)=38,000
+Creditors at the beginning=17,000
+Stock at the end=27,000
+Salaries outstanding at the beginning=2,000
+ Prepaid insurance at the end=5,500
-Creditors at the end=15,000
- Stock at the beginnning=22,000
- Salaries outstanding at the end= 3,000
- Prepaid insurance at the beginning=5,000
3. tax outstanding in beg.=3000
+current year tax=10000
-tax outstanding at end=2000
so paid tax=11,000
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