Compute cash generated from operations during the year 2012-13, from the following data: Particulars Sundry debtors Sundry

Compute cash generated from operations during the year 2012-13, from the following data:

Transcribed Image Text:

Particulars Sundry debtors Sundry creditors Outstanding expenses Outstanding income Stock in trade Prepaid expenses Accumulated depreciation (no retirements during the year) Provision for doubtful accounts Dividends payable Bills receivable Bills payable Net income before taxes (as per profit and loss account) April 1, 2012 *30,000 48,000 3,000 1,000 55,000 3,000 50,000 1,500 10,000 8,000 March 31, 2013 *40,000 30,000 6,000 1,000 60,000 2,000 60,000 2,000 3,000 12,000 6,000 80,000