Question 5
Kids' n Caboodle, a Children's clothing store, had the following receipts and disbursements for its first year of operations:
Receipts
| Cash Sales | ₹1,55,000 |
|---|---|
| Loan Proceeds | ₹21,000 |
| Dividends/interests Received | ₹1,000 |
Disbursements
| Merchandise purchases (all sold this year) | ₹84,000 |
|---|---|
| Wages | ₹33,000 |
| Rent payment | ₹22,000 |
| Other operating outlays | ₹7,900 |
| Equipment Purchase | ₹10,500 |
The store has no accounts receivables (it accepts only cash or bank cards for payment). At year-end, an employee had earned INR 2,000, which the store had not paid yet. Also, at year-end, the store had not paid its most recent utility bill, which totaled INR 10,000.
(Mention the answer as negative followed by the absolute value if any one of the figures is/are negative, e.g., -1000)
Based on the above data, answer the given subquestions
What is the cash flow from activities related to Operations?