Balance Sheet of Raja Ltd. as at 31st March, 2024 is given below Share Capital ₹ 3,26,000 Reserves and Surplus ₹ 1,00,000
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Solution:- Hint: (1) Current year’s Depreciation ₹ 20,000. (2) Purchase of Non-Current Investments ₹ 15,000. (3) Increase in Intangible Assets will be treated as purchase of Intangible Assets.
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Solution:- Cash Flow Statement for the year ended 31st March Hint: Non-current investments costing ₹ 8,000 are sold for ₹ 4,800.
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