Question
Using the Profit and Loss account and Balance Sheet given below, prepare Cash Flow
Statement both under direct and indirect method:
(a) Profit and Loss Account for the year ended 31st March, 2021
Yahan aapki image ka data ek saaf-suthri table mein diya gaya hai:
(Rs. in Thousands)
| Particulars | Year 2020-21 | Year 2019-20 |
|---|---|---|
| Sales | 1,11,780 | 98,050 |
| Other Income | 390 | 220 |
| Cost of Goods Sold | 41,954 | 39,010 |
| Selling and Distribution Expenses | 16,178 | 12,500 |
| Profit Before Tax | 54,038 | 46,760 |
| Less: Income Tax | 21,615 | 18,704 |
| Profit After Tax | 32,423 | 28,056 |
Answer :
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Skip in 10
Cash Flow Statement for the year ended 31st March, 2021 (Rs. in Thousands) First, determine key figures: Sales (2020-21) = 1,11,780 Other Income = 390 Total Revenue = 1,12,170 Cost of Goods Sold = 41,954 Selling & Distribution Expenses = 16,178 Total Operating Expenses = 58,132 Profit Before Tax = 54,038 Income Tax Paid = 21,615 Profit After Tax = 32,423 ──────────────────────── Cash Flow Statement (Direct Method) Cash
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