From the following particulars, determine Cash Flow from Investing Activities Investments ₹ 5,00,000
From the following particulars, determine Cash Flow from Investing Activities:
| Purchases (₹) | Sales (₹) | |
|
Investments Goodwill Machinery Patents |
5,00,000 2,50,000 7,40,000 – |
6,00,000 – 1,00,000 1,00,000 |
Interest received on Debentures held as an investment ₹ 80,000.
Dividend received on shares held as investment ₹ 40,000.
A plot of land was purchased out of surplus funds for investment purposes and was let out for commercial use and rent received was ₹ 80,000.
Anurag Pathak Changed status to publish November 28, 2023
