From the following information, calculate the Net Cash Flow from the Operating Activities of a concern for the year that ended on 31 March 2007:
|
|
|
|
Cash Sales for the year |
1,20,000 |
|
Credit Sales for the year |
6,60,000 |
|
Collection from Debtors during the year |
4,40,000 |
|
Cash Purchases for the year |
80,000 |
|
Credit Purchases for the year |
3,25,000 |
|
Payment to Creditors during the year |
2,40,000 |
|
Wages Paid during the year |
60,000 |
|
Outstanding Wages for the year |
18,000 |
|
Salaries Paid during the year |
30,000 |
|
Salaries for the year |
40,000 |
|
General Expenses Paid during the year |
20,000 |
|
Unpaid General Expenses for the year |
6,000 |
|
Depreciation on Fixed Assets for the year |
26,000 |
|
Loss of Stock due to fire |
28,000 |
|
Insurance Claim Received against loss of Stock |
10,000 |
|
Interest Received on Investment during the year (of which Rs. 3,000 provided for interest income) |
20,000 |
|
Payment of Income Tax during the year (of which Rs. 2,000 Paid for Interest Income) |
32,000 |