From the following information, calculate: (i) Cash Flows from Investing Activities, and (ii) Cash Flows from Financing Activities Activities. Plant & Machinery ₹ 10,30,000
From the following information, calculate:
(i) Cash Flows from Investing Activities, and
(ii) Cash Flows from Financing Activities.
Additional Information:
(i) During the year a machine costing ₹ 1,50,000 was sold at a loss of ₹ 44,000. Depreciation on Plant & Machinery charged during the year amounted to ₹ 80,000.
(ii) Interest paid on Bank Overdraft amounted to ₹ 28,000.
(iii) Debentures were redeemed on 1st October 2022 at a premium of 4%.
[Ans. (i) Net Cash used in Investing Activities ₹ 2,56,000.
(ii) Net Cash used in Financing Activities ₹ 1,28,000.]
| 31st March, 2023 | 31st March, 2022 | |
| Plant & Machinery | 10,30,000 | 8,50,000 |
| Accumulated Depreciation on Plant & Machinery | 2,68,000 | 2,20,000 |
| 8% Debentures | 3,50,000 | 5,00,000 |
| Bank Overdraft | 3,00,000 | 2,10,000 |
Anurag Pathak Answered question 4 days ago
