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From the following particulars, Calculate Cash from Investing Activities:
Particulars Opening Balance Closing Balance
Plant & Machinery (at Cost) 8,00,000 7,60,000
Accumulated Depreciation 2,70,000 3,15,000
Patents 3,20,000 2,10,000
Goodwill 1,50,000 1,20,000
Additional Information:- (i) Depreciation charged on Plant and Machinery ₹ 80,000. (ii) A machine having a book value of ₹ 1,40,000 was sold for ₹ 1,50,000. (iii) Patents having a book value of ₹ 60,000 were sold for 45,000. [Ans. Net Cash flow from Investing Activities ₹ 60,000.]
Anurag Pathak Answered question 4 days ago
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