From the following information, Calculate Cash Flow from Investing Activities Machinery (At Cost) ₹ 4,20,000
From the following information, Calculate Cash Flow from Investing Activities:
| Closing Balance (₹) | Opening Balances (₹) | |
|
Machinery (At Cost) Accumulated Depreciation Patents |
4,20,000 1,10,000 1,60,000 |
4,00,000 1,00,000 2,80,000 |
Additional Information:
(i) During the year, a machine costing ₹ 40,000 with its accumulated depreciation of ₹ 24,000 was sold at a profit of 25% of book value.
(ii) Patents were written off to the extent of ₹ 40,000 and some patents were sold at a profit of ₹ 20,000.
Anurag Pathak Changed status to publish November 28, 2023
