Following information is related to ABC Ltd.: STATEMMENT OF PROFIT AND LOSS for the year ended 31st March, 2019

ParticularsNote No.Amount
I. Revenue from Operations (Net Sales)30,00,000
II. Other Income145,000
III. Total Revenue (I + II)30,45,000
IV. Expenses;
(a) Purchases of Stock-in-Trade23,03,000
(b) Change in Inventories of Stock-in-Trade2(16,000)
(c) Depreciation and Amortisation Expenses1,85,000
(d) Other Expenses33,29,000
Total Expenses28,01,000
V. Profit before Tax (III − IV)2,44,000
VI. Less: Provision for Tax64,000
VII. Profit after Tax (V – VI)1,80,000

Notes to Accounts

1. Other Income
(a) Dividend Received5,000
(b) Gain (Profit) on Sale of Plant40,000
2. Change in Inventories of Stock-in-Trade
Opening Inventories2,84,000
Less: Closing Inventories3,00,000
3. Other Expenses
(a) Office Expenses58,000
(b) Selling Expenses2,35,000
(c) Loss on Sale of Assets36,000
Other Information:Balance as on
31st March, 2019

Amount (Rs.)
Balance as on
31st March, 2018
Amount (Rs.)
Trade Payables2,78,0002,50,000
Trade Receivables4,52,0004,15,000
Office Expenses Outstanding5,000
Selling Expenses Outstanding25,00022,000

Calculate Cash Flow from Operating Activities.


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