Cash flow statements
This query is : Resolved
07 September 2013
Cash sales for the yr were 10 lakhs and sales on account 12 L(lakhs).
Payments on accounts payable for inventory totaled 7.8L.
Collection against accounts recb were 7.6L
Rent paid in cash 2.2L,o/s rent being 0.20L
4L equity sh of rs 10 par issued 48L
Equipments was purchased for cash 16.8L
divd amountg to 10L was declared but yet to be paid
4L of divd declared in the PY were paid.
equipment having a BV of 1.6L were sold for 2.4L
the cash account was increased by 37.2L
Cash flow statement under direct method
My answer is 2.8L. just wanted to know how is the formating and is my ans correct.
Thanks in advn.
Payments on accounts payable for inventory totaled 7.8L.
Collection against accounts recb were 7.6L
Rent paid in cash 2.2L,o/s rent being 0.20L
4L equity sh of rs 10 par issued 48L
Equipments was purchased for cash 16.8L
divd amountg to 10L was declared but yet to be paid
4L of divd declared in the PY were paid.
equipment having a BV of 1.6L were sold for 2.4L
the cash account was increased by 37.2L
Cash flow statement under direct method
My answer is 2.8L. just wanted to know how is the formating and is my ans correct.
Thanks in advn.
08 September 2013
If u r done with direct method then no any trick for that to find it is correct or not.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- TDS on Consultancy- Non DTAA
- Reopen of assessment proceeding
- Depreciation of fixed assets- coop housing society in mumbai
- Management System (IMS)
- DIN reactivation
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- GST rate and HSN code for sale of racing horses
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- Eway bill generation from place other than registeted
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
