Illustration 84: From the following information, calculate the Net Cash Flow from the Operating Activities under indirect method for the year ended on 31* March, 2013: 041 Profit & Loss A/c for the year ended 31* March, 2013 Dr. Cr. Particulars To, Loss on Sale of Land To, Disc. On issue of shares written off To, Interest on Debentures To, Depreciation To, Goodwill written off To, General Reserve To, Tax Provision Particulars 40,000 By, Gross Profit 10,000 By, Interest on Investment 18,000 By, Dividend Received 1,20,000 By, Profit on sale of Plant 15,000 By, Rent Received 25,000 By, Refund of Tax 30,000 By, Insurance claim received for Earthquake 8,20,000 15,000 18,000 20,000 12,000 8,000 90,000 35,000 To, Proposed Dividend To, Interim Dividend To, Net Profit 1,80,000 By, Commission Receivable 70,000 5.10,000 10,18,000 10,18,000 Additional Information: Particulars Debtors Creditors Stock Provision for Tax Accrued Commission Outstanding Wages Prepaid Expenses 314 March, 2012 318 March, 2013 25,000 1,00,000 15,000 50,000 1.40,000 1,00,000 50,000 60,000 15,000 30,000 20,000 25,000 18,000 20,000