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P.5.2 Compute cash generated from operations during the year 2012-13, from the following data: Particulars April 1, 2012 March 31, 2013 Sundry debtors 230,000 240,000
P.5.2 Compute cash generated from operations during the year 2012-13, from the following data: Particulars April 1, 2012 March 31, 2013 Sundry debtors 230,000 240,000 Sundry creditors 48,000 30,000 Outstanding expenses 3,000 6,000 Outstanding income 1,000 1,000 Stock in trade 55,000 60,000 Prepaid expenses 3,000 2,000 Accumulated depreciation (no retirements during the year) 50,000 60,000 Provision for doubtful accounts 1,500 2,000 Dividends payable 3,000 Bills receivable 10,000 12,000 Bills payable 8,000 6,000 Net income before taxes (as per profit and loss account) 80,000 y5
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