Give two examples of Cash Flows from Operating Activities. Post category:Accountancy Reading time:1 mins read SOLUTION (i) Cash receipts from the sale of goods and rendering of services.(ii) Cash payments to suppliers for goods and services. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostWhat is meant by Operating Activities? (C.B.S.E. 2020, Kerala) Next PostGive any two examples of cash inflows from operating activities other than cash receipts from sale of goods and rendering of services. (C.B.S.E. Sample Paper. 2018). You Might Also Like Name any one line item that can be shown under the major heading “Equity and Liabilities” in a Company’s Balance Sheet. September 30, 2022 Under which type of activity will you classify ‘Commission and Royalty Received’ while preparing Cash Flow Statement? October 4, 2022 Ali the Bahadur are partners in a firm sharing profits and losses as Ali 70% and Bahadur 30%. Their respective capitals as at 1st April, 2018 stand as Ali Rs. 25,000 and Bahadur Rs. 20,000. The partners are allowed interest on capitals @ 5% p.a. Drawings of the partners during the year ended 31st March, 2019 amounted to Rs. 3,500 and Rs. 2,500 respectively. Profit for the year, before charging interest on capital and annual salary of Bahadur @ Rs. 3,000, amounted to Rs. 40,000, 10% of divisible profit is to be transferred to Reserve. You are asked to show Partners’ Current Account and Capital Accounts recording the above transactions. July 21, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Name any one line item that can be shown under the major heading “Equity and Liabilities” in a Company’s Balance Sheet. September 30, 2022
Under which type of activity will you classify ‘Commission and Royalty Received’ while preparing Cash Flow Statement? October 4, 2022
Ali the Bahadur are partners in a firm sharing profits and losses as Ali 70% and Bahadur 30%. Their respective capitals as at 1st April, 2018 stand as Ali Rs. 25,000 and Bahadur Rs. 20,000. The partners are allowed interest on capitals @ 5% p.a. Drawings of the partners during the year ended 31st March, 2019 amounted to Rs. 3,500 and Rs. 2,500 respectively. Profit for the year, before charging interest on capital and annual salary of Bahadur @ Rs. 3,000, amounted to Rs. 40,000, 10% of divisible profit is to be transferred to Reserve. You are asked to show Partners’ Current Account and Capital Accounts recording the above transactions. July 21, 2022