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1. Raj Ltd arrived at a net profit of Rs 100000 for the year ended 31st March, 2022. Depreciation for the year is Rs 10000,
1. Raj Ltd arrived at a net profit of Rs 100000 for the year ended 31st March, 2022. Depreciation for the year is Rs 10000, Loss on sale of Asset is Rs 20000, Interest paid on loan is Rs10000, Gain on sale of assets is Rs 20000. Tax is 20%. Calculate cash flow from operating activity using indirect method.
Additional information:
Particulars | 31st Mar 21 | 31stMar 22 |
Creditors | 50000 | 40000 |
Debtors | 40000 | 30000 |
Inventory | 40000 | 35000 |
Bills Receivables | 30000 | 50000 |
Bills Payable | 25000 | 50000 |
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