From the following information, calculate Net Cash Flow from Investing Activities: Additional information: (1) During the year,
Question:
From the following information, calculate Net Cash Flow from Investing Activities:
Additional information:
(1) During the year, a machine costing ₹ 80,000 with an accumulated depreciation of ₹ 48,000 was sold for ₹ 40,000.
(2) Patents were written-off to the extent of ₹ 80,000 and some patents were sold at a profit of ₹ 40,000.
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Related Book For
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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