Question Number $2$

The following is the Profit and Loss Account of Yumna SAOG,

Muscat

Additional information:

$($i$)$ Trade receivables decrease by OMR $30,000$ during the year.

$($ii$)$ Prepaid expenses increase by OMR $5,000$ during the year.

$($iii$)$ Trade payables increase by OMR $15,000$ during the year.

$($iv$)$ Outstanding expenses payable increased by OMR $3,000$

during the year.

$($v$)$ Other expenses included depreciation of OMR $25,000.$

Compute net cash from operations for the year ended $31-12-$

$2017$ by the indirect method.