From the following information, Calculate cash flow from Investing Activities:
From the following information, calculate cash flow from Investing Activities:
Particulars | 31st March, 2023 (₹) |
31st March, 2022 (₹) |
Investment in 10% Debentures Land and Building |
10,00,000 15,00,000 |
5,00,000 9,00,000 |
Additional Information
Half of the investments held in the beginning of the year were sold at 10% profit.
Depreciation on Land and Building was ₹ 50,000 for the year.
Interest received on investments ₹ 75,000.
[Ans.: Cash Used in Investing Activities = ₹ 10,50,000.]
Anurag Pathak Changed status to publish August 28, 2023