Question
Given Net profit for the year Rs 2,50,000 Transferred to general reserves Rs 40,000 and old machinery bought for Rs 50,000 was sold for Rs
Given Net profit for the year Rs 2,50,000 Transferred to general reserves Rs 40,000 and old machinery bought for Rs 50,000 was sold for Rs 20,000. Calculate funds from operations.
a) Rs 2, 80,000
b) Rs 2, 20,000
c) Rs 2, 90,000
d) Rs 3, 00,000
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Advanced Accounting
Authors: Gail Fayerman
1st Canadian Edition
9781118774113, 1118774116, 111803791X, 978-1118037911
