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Subject: Accountancy, asked on 11/3/18

Please answer fast

Subject: Accountancy, asked on 10/3/18

What will be the effect of depreciation written back on cash flow statement. Will it be subtracted from net profit before interest and tax under extraordinary items or added to non operating income then subtracted.

Subject: Accountancy, asked on 28/2/18

How does decrease in prepaid expense increse the cash flow? Please explain. Give suitable examples as well.

Subject: Accountancy, asked on 28/2/18

How does increase in current liability indicate inflow of cash

Subject: Accountancy, asked on 28/2/18

Give complete explanation of last two items.

Illustration 17: From the following information, calculate Net Profit before Tax and Extraordinary Items: 

Surplus, i.e., Balance in Statement of Profit and Loss (Opening)            Rs 50,000
Surplus, i.e., Balance in Statement of Profit and Loss (Closing)            Rs 1,18,000
Proposed Dividend for the current year                                                   Rs 36,000                                                          
Interim Dividend paid during the year                                                     Rs 45,000
Transfer to Reserve                                                                                   Rs 50,000
Provision for Tax made during the current year                                       Rs 75,000
Refund of Tax                                                                                           Rs 1,500
Loss due to Earthquake                                                                            Rs 1,00,000
Insurance Proceeds from Earthquake disaster settlement                        Rs 50,000
 

Subject: Accountancy, asked on 25/2/18

If securities premium reserves increases and there is a new issue of shares and debentures then where the premium amount will be added? in equity or debentures? Explain with reason

Subject: Accountancy, asked on 25/2/18

Why decrease in provision for doubtful debts is deducted from net profit in cash flow statement?

Subject: Accountancy, asked on 24/2/18

an old machinery having a book value of rs.50000 was sold for rs.60000 . how this will be treated while preparing cash flow ? and should we have to account depreciation under operating activity and sub head non cash item ?

Subject: Accountancy, asked on 24/2/18

If there are creditors of Rs 80,000 and we had received a discount of Rs 2,000(by paying them),then what will be the treatment in cash flow statement ?

Subject: Accountancy, asked on 23/2/18

If securities premium reserves increases and there is a new issue of shares and debentures then where the premium amount will be added in cash flow statement? Explain with reason

Subject: Accountancy, asked on 23/2/18

Plz answer quickly!!Why depreciation on part of the machinery sold is not added in the operating activities in cash flow statement?

Subject: Accountancy, asked on 23/2/18

the question has accumulated depreciation of 8000 of the machinery sold for rs. 46000 costing 60,000. then can we say that the cost of machinery 60,000 includes accumulated depreciation of 8000 ? If not explain with reason.

Subject: Accountancy, asked on 23/2/18

Why do we transfer the amount of accumulated depreciation to machinery account of asset sold in case of original cost method in cash flow statement

Subject: Accountancy, asked on 23/2/18

Why accumulated depreciation a/c has credit balance?

Subject: Accountancy, asked on 22/2/18

tax paid during the year is already deducted from profits in the statement of profit and loss then why do we deduct it again in cash flow statements?

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