Question : Sold machinery of original cost Rs. 2,00,000 with an accumulated depreciation of Rs. 1,60,000 for Rs. 60,000. Cash flow from investing activities is
Option 1: Rs 60,000
Option 2: Used in investing activities Rs 60,000
Option 3: Rs 20,000
Option 4: None of the above
Correct Answer: Rs 60,000
Solution : Answer = Rs 60,000
Cash flow from investing activities Sale of machinery=Rs 60,000. Hence, the correct option is 1.
Question : Acquired machinery for Rs. 2,50,000 paying 20% down and executing a bond for the balance payable. Cash flow from investing activities is
Question : If a machine whose original cost is Rs.40,000 having accumulated depreciation Rs.12,000, were sold for Rs.34,000 then while preparing Cash Flow Statement its effect on cash flow will be :
Question : The cash flow statement begins with :
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile