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    The document appears to be a practice quiz for a Financial Accounting course. It contains 1 question asking the student to calculate cash from operations using information provided about profits, depreciation, amortization, transfers to reserves, and current asset/liability balances from two periods. The question aims to test the student's understanding of determining cash flow from core business operations using accounting adjustments and changes in working capital.

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    The document appears to be a practice quiz for a Financial Accounting course. It contains 1 question asking the student to calculate cash from operations using information provided about profits, depreciation, amortization, transfers to reserves, and current asset/liability balances from two periods. The question aims to test the student's understanding of determining cash flow from core business operations using accounting adjustments and changes in working capital.

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    36 views1 page

    Quiz (C)

    Uploaded by

    Gaurav218
    The document appears to be a practice quiz for a Financial Accounting course. It contains 1 question asking the student to calculate cash from operations using information provided about profits, depreciation, amortization, transfers to reserves, and current asset/liability balances from two periods. The question aims to test the student's understanding of determining cash flow from core business operations using accounting adjustments and changes in working capital.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
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    of 1

    Academic/26

    Refer/WI/ACAD/18

    SHRI RAMSWAROOP MEMORIAL COLLEGE OF MANAGEMENT


    BBA [SEM I]
    SURPRIZE QUIZ TEST-2
    (Session : 2010-11)
    FINANCIAL ACCOUNTING
    Time: 15 (BBA-103) Max. Marks: 10

    Roll No.
    (To be filled by the
    Student)
    Note: Attempt All Questions. All questions carry equal marks.

    Q1. Calculate cash from operations from the following :

    i. Profits made during the year Rs.225000 after considering the following items
    a. Depreciation on Fixed Assets Rs. 12000
    b. Amortization of Goodwill Rs.15000
    c. Transfer to general reserve Rs.17000
    d. Profit on sale of Land Rs.13000
    ii. The following is the postion of current assets and current liabilities

    Particulars 1991 1990

    Debtors Rs.15000 Rs.17000


    Creditors Rs.18000 Rs. 15000
    Bills Receivable Rs.18000 Rs.16000

    BBA-103/Mr. Gaurav Singh Page-1

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