From the following information, Calculate Cash Flow from Investing and Financing Activities:
From the following information, Calculate Cash Flow from Investing and Financing Activities:
Particulars | 31st March, 2023 (₹) |
31st March, 2022 (₹) |
Machinery (At Cost) Accumulated Depreciation Capital Bank Loan |
50,000 12,000 35,000 |
40,000 10,000 30,000 10,000 |
During the year, a machine costing ₹ 10,000 was sold at a loss of ₹ 2,000. Depreciation on machinery charged during the year amounted to ₹ 6,000.
[Ans.: Investing Activities: Purchase of Machine = ₹ 20,000; Sale of Machine = ₹ 4,000; Cash used in Investing Activities = ₹ 16,000; Financing Activities: Additional Capital = ₹ 5,000; Repayment of Bank Loan = ₹ 10,00; Cash used in Financing Activities = ₹ 5,000.]
Anurag Pathak Changed status to publish August 28, 2023