Question
Accountancy Question on Income and Expenditure Account
If the net profit earned during the year is ₹ 1,00,000 and the amount of Bills receivables in the beginning and the end of the year is ₹ 20,000 and ₹ 40,000 respectively, then cash flow from operating activities will be:
A
₹ 60,000
B
₹ 1,00,000
C
₹ 80,000
D
₹ 1,20,000
Answer
₹ 80,000
Explanation
Solution
The correct option is (C): ₹ 80,000