The Total solution for NCERT class 6-12
Statement of Profit and Loss of Yamuna Ltd.,
for the Year ended March 31, 2017
Particulars
Note No.
Amount
(₹)
i)
Revenue from Operations
10,00,000
ii)
Expenses
Cost of Materials Consumed
1
50,000
Purchase of Stock-in-trade
5,00,000
Other Expenses
2
3,00,000
Total Expenses
8,50,000
iii)
Profit before Tax (i – ii)
1,50,000
Cash Flow from Operating Activities of Yamuna Limited as on March 31, 2017
₹
Net Profit earned during the year
Items to be added:
Depreciation
25,000
Operating Profit before Working Capital changes
1,75,000
Add:
Increase in Current Liabilities
Outstanding Expenses
3,000
Decrease in Current Assets
Trade Receivables
30,000
Stock
83,000
Less:
Decrease in Current Liabilities
Trade Creditors
(15,000)
Increase in Current Assets
Prepaid Expenses
(5,000)
(20,000)
Net Cash from Operations
2,38,000