Calculate Gross value Added at Factor Cost:
(i) Units of output sold (units) 1,000
(ii) Price per unit of output rs 30
(iii) Depreciation (rs) 1,000
(iv) Intermediate cost (rs) 12,000
(v) Closing stock, (rs) 3,000
(vi) Opening stock (Rs) 2,000
(vii) Excise (rs) 2,500
(viii) Sales Tax (rs) 3,500

What will be the effect of the following on the Accounting Equation ? (i) Harish started business with cash Rs. 1,80,000. (ii) Purchased goods for cash Rs. 60,000 and on credit Rs. 30,000. (iii) Sold goods for cash Rs. 40,000 , costing Rs. 24,000. (iv) Rent paid Rs. 5,000, and rent outstanding Rs. 2,000. (v) Sold good on credit Rs. 50,000 (costing Rs. 38,000). (vi) Salary paid in advance Rs. 3,000.

Prove that Accounting Equation is satisfied in all following transactions of Sameer Goel : (i) Started business with Cash Rs. 1,00,000. (ii) Paid rent in advance Rs.3,000. (iii) Purchased goods for cash Rs.50,000 and Credit Rs. 20,000. (iv) Sold goods for Cash Rs. 80,000 costing Rs. 40,000. (v) Paid salary in cash in cash Rs. 4,500 and salary outstanding Rs. 1,000. (vi) Bought motor cycle for personal use Rs. 30,000.

Calculate cash flows from operating activities from the following information. Working Notes: 1. Other Income = Profit on Sale of Machinery (Rs 2,000 ) + Income Tax Refund (Rs 3,000) = Rs 5,00 2. Depreciation and Amortisation Expenses = Depreciation (Rs 5,000) + Goodwill Amortised (Rs 2,000) Other Expenses = Rent (Rs 10,000) + Loss on Sale of Equipment (Rs 3,000) + Provision for Taxation (Rs 8,000) ltbrge = Rs 21,000 Additional Information: