5 minute

V. X Ltd. made a profit of 4.00.000 after considering the following items: i. Depreciation on fixed assets 15.000 11. Writing off of preliminary expenses 36.000 111 Loss on sale of furniture 900 Provision for taxation 75.000 Transfer to general reserve 3 5,000 vi. Profit on sale of building # 10,000 The following additional information is also supplied to you: 31.3.2018 31.3.2019 Sundry debtors 15.000 20.000 Sundry Creditors 12.000 17.000 Bills receivable 14.000 17.500 Bills payable 9.500 6.000 Outstanding expenses 3.000 2.000 Prepaid expenses 100 200 You are required to ascertain the amount of cash from operations