Q2271
The following is the position of current assets and current liabilities: 31st December, 94 31st December, 95 Debtors Rs. 30,000 Rs. 24,000 Creditors Rs. 20,000 Rs. 30,000 Stock Rs. 16,000 Rs. 20,000 Prepaid expenses Rs. 8,000 Rs. 12,000 Profit made during the year Rs. 5,00,000 after considering the following items: Depreciation on plant Rs. 20,000 Preliminary expenses written off Rs. 10,000 Transfer to general reserve Rs. 14,000 Profit on sale of land Rs. 6,000 The cash from operations is:
The following is the position of current assets and current liabilities:
Profit made during the year Rs. 5,00,000 after considering the following items:
The cash from operations is:
| 31st December, 94 | 31st December, 95 | |
| Debtors | Rs. 30,000 | Rs. 24,000 |
| Creditors | Rs. 20,000 | Rs. 30,000 |
| Stock | Rs. 16,000 | Rs. 20,000 |
| Prepaid expenses | Rs. 8,000 | Rs. 12,000 |
Profit made during the year Rs. 5,00,000 after considering the following items:
| Depreciation on plant | Rs. 20,000 |
| Preliminary expenses written off | Rs. 10,000 |
| Transfer to general reserve | Rs. 14,000 |
| Profit on sale of land | Rs. 6,000 |
The cash from operations is:
A.
Rs. 5,44,000
B.
Rs. 5,38,000
AnswerC.
Rs. 5,46,000
D.
Rs. 5,54,000
Answer: Option B
Solution
Answer: Option B
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