Q1 From the following information, calculate cash flow from operating activities:Summary of Cash Account for...
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Q1 From the following information, calculate cash flow from operating activities: Summary of Cash Account for the year ended March 31, 20X1 Particulars ` Particulars ` To Balance b/d 1,00,000 By Cash Purchases 1,20,000 To Cash sales 1,40,000 By Trade payables 1,57,000 To Trade receivables 1,75,000 By Office & Selling Expenses 75,000 To Trade Commission 50,000 By Income Tax 30,000 To Sale of Investment 30,000 By Investment 25,000 To Loan from Bank 1,00,000 By Repayment of Loan 75,000 To Interest & Dividend 1,000 By Interest on loan 10,000 By Balance c/d 1,04,000 5,96,000 5,96,000
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