From the following Balance Sheets of Vishva Ltd., Prepare Cash Flow Statement as per AS-3 (revised) for the year ending 31st March, 2018
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Solution:- (i) Inflow from sale of plant ₹ 35,000 and outflow on purchase of plant ₹ 3,65,000 will be reported under the ‘Cash flow from investing activities’. (ii) Loss on sale of plant ₹ 40,000 and current year’s depreciation ₹…
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