This document provides financial information for General Reserves and various current assets and liabilities for the years 2007 and 2008. It shows increases in General Reserves, Stock, and Creditors from 2007 to 2008, and decreases in Receivables and Outstanding Expenses over that period. The document also lists items that are considered non-cash, activities classified as operating, investing or financing, and provides examples of calculations related to funds from investment and financing activities.

1. 2007 2008
General 12.5L 16.8L
Reserves
Retained profit for 2007-08 is
Rs.4.3L(16.8-12.5)

2. 2007 2008
Stock 4.8L 6.4L
↑ in Stock 1.6L
© Out flow is 1.6L
↑ in W.C. 1.6L

3. 2007 2008
Receivables 7.2L 6.2L
↓ in Receivables Rs.1L
6 inflow is Rs.1L
↓ in W.C.Rs.1L

4. 2007 2008
Creditors 5L 8L
↑ in creditors Rs.3L
8 inflow is Rs.3L
↓ in W.C

5. 2007 2008
Outstanding 3L 2L
Expenses
↓ Outstanding expenses Rs.1L
2 Out flow Rs.1L
↑ W.C.Rs.1L

6. Following items are non cash
items:-
• Depriciation
• Goodwill writtenoff
• Preliminary expenses writtenoff

7. Investing Activities:
• Purchase of Fixed Assets
• Sale of Fixed Assets
• Purchase of Investment
• Sale of Investment

8. Profit or loss of Fixed assets
or investment will be taken in
Operating Activity.

9. Financing Activity consists of
• Share Capital
• Loan fund
• Dividend Paid

10. Which is operating Activity
as per Cash Flow Statement?
A] Interim Dividend
B] Telephone Expenses
C] Purchase of Car
D] None of the above

11. Calculate fund from investment
activity:-
• Purchase of investment Rs.4L
• Sale of fixed Asset Rs.3L
1]Rs.7L
2]Rs.4L
3]Rs.1L
4]Rs.3L

12. Calculate fund from financing
activity:-
• Issued Shares Rs.4L
• Debentures paid Rs.2L
1] Rs 4L
2]Rs 2L
3]Rs 6L
4]None of the above

13. Cash Flow can be prepared
by ________Methods.
1] 1 Method
2] 2 Methods
3] 3 Methods
4] 4 Methods

14. Cash flow is comparison
between ______Periods.
1] 3 periods
2] 4 periods
3] 1&2
4] None of the above

15. Value of stock Rs.5L
Market price Rs.3L
• Closing stock should valued at
1]Rs. 5L
2]Rs. 3L
3]Rs. 8L
4]Rs. 2L

16. Opening stock Rs.10L
Purchase Rs.20L
Consumption Rs.24L
• Closing stock is
1]Rs.30L
2]Rs.10L
3]Rs.6L
4]none of the above

17. Which method matches
Expenses and Revenues?
1]FIFO
2]LIFO
3]1&2
4]None of the above

18. Should method of valuation of
stock given in balance sheet?
1] True
2] False

19. Purchases Rs.7,80,000
Purchase returns Rs.30,000
• Net Purchase_____________
1] Rs.8,10,000
2] Rs.7,50,000
3] Rs.7,60,000
4] Rs. None of the above