Calculate net cash flows from Operating Activities from the following details.
Rs |
|
Profits earned during the year 2008 |
50,000 |
Transfer to General Reserve |
10,000 |
Depreciation provided |
20,000 |
Profit on Sale of Furniture |
5,000 |
Loss on Sale of Machineries |
10,000 |
Preliminary Expenses retain off |
10,000 |
Particulars |
2007 Rs |
2009 Rs |
Debtors |
10,000 |
15,000 |
Bills Receivable |
7,000 |
5,000 |
Stock |
15,000 |
18,000 |
Prepaid Expenses |
2,000 |
3,000 |
Bills Payable |
15,000 |
25,000 |
Creditors |
20,000 |
18,000 |
Outstanding Expenses |
3,000 |
4,000 |