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Read the following information and answer the given questions:
X Ltd. made a profit of ₹ 5,00,000 after consideration of the following items :
(i) Goodwill written off 5,000
(ii) Depreciation on Fixed Tangible Assets 50,000
(iii) Loss on Sale of Fixed Tangible Assets (Machinery) 20,000
(iv) Provision for Doubtful Debts 10,000
(v) Gain on Sale of Fixed Tangible Assets (Land) 7,500
Additional information :
Q. What amount of Trade Receivables will be subtracted from the Cash flow Statement to get Cash flow from operations?
  • a)
    ₹78,800
  • b)
    ₹52,000
  • c)
    ₹3,000
  • d)
    ₹26,800
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Read the following information and answer the given questions:X Ltd. ...
₹78,800 − ₹52,000 = ₹26,800
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Read the following information and answer the given questions:X Ltd. made a profit of ₹ 5,00,000 after consideration of the following items :₹(i) Goodwill written off 5,000(ii) Depreciation on Fixed Tangible Assets 50,000(iii) Loss on Sale of Fixed Tangible Assets (Machinery) 20,000(iv) Provision for Doubtful Debts 10,000(v) Gain on Sale of Fixed Tangible Assets (Land) 7,500Additional information :Q. What amount of Trade Receivables will be subtracted from the Cash flow Statement to get Cash flow from operations?a)₹78,800b)₹52,000c)₹3,000d)₹26,800Correct answer is option 'D'. Can you explain this answer?
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Read the following information and answer the given questions:X Ltd. made a profit of ₹ 5,00,000 after consideration of the following items :₹(i) Goodwill written off 5,000(ii) Depreciation on Fixed Tangible Assets 50,000(iii) Loss on Sale of Fixed Tangible Assets (Machinery) 20,000(iv) Provision for Doubtful Debts 10,000(v) Gain on Sale of Fixed Tangible Assets (Land) 7,500Additional information :Q. What amount of Trade Receivables will be subtracted from the Cash flow Statement to get Cash flow from operations?a)₹78,800b)₹52,000c)₹3,000d)₹26,800Correct answer is option 'D'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Read the following information and answer the given questions:X Ltd. made a profit of ₹ 5,00,000 after consideration of the following items :₹(i) Goodwill written off 5,000(ii) Depreciation on Fixed Tangible Assets 50,000(iii) Loss on Sale of Fixed Tangible Assets (Machinery) 20,000(iv) Provision for Doubtful Debts 10,000(v) Gain on Sale of Fixed Tangible Assets (Land) 7,500Additional information :Q. What amount of Trade Receivables will be subtracted from the Cash flow Statement to get Cash flow from operations?a)₹78,800b)₹52,000c)₹3,000d)₹26,800Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Read the following information and answer the given questions:X Ltd. made a profit of ₹ 5,00,000 after consideration of the following items :₹(i) Goodwill written off 5,000(ii) Depreciation on Fixed Tangible Assets 50,000(iii) Loss on Sale of Fixed Tangible Assets (Machinery) 20,000(iv) Provision for Doubtful Debts 10,000(v) Gain on Sale of Fixed Tangible Assets (Land) 7,500Additional information :Q. What amount of Trade Receivables will be subtracted from the Cash flow Statement to get Cash flow from operations?a)₹78,800b)₹52,000c)₹3,000d)₹26,800Correct answer is option 'D'. Can you explain this answer?.
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