The following information is related to X Ltd.

Profit & Loss Account

(for the year ending 31st March, 2008)

Rs. Rs.

To Cost of goods sold 22,87,000 By Sales 30,00,000 To Office Expenses 68,000 By Dividend Received 5,000 To Selling Expenses 2,25,000 By Profit on sale of Buildings 40,000 To Loss on sale of machinery 36,000 To Depreciation 1,60,000 To Goodwill written off 15,000 To Preliminary Expenses written off 10,000 To Tax paid 64,000 To Net Profit 1,80,000 ________ 30,45,000 30,45,000 31st March 31st March 2007 2008 Rs. Rs.
Creditors 1,50,000 1,78,000 Debtors 4,15,000 4,52,000 Stock 3,00,000 2,84,000 Office Expenses Outstanding 5,000 —
Selling Expenses Outstanding 12,000 15,000 Calculate Cash from operating activities.
[Ans.: Net Cash from operating activities Rs. 3,61,000]