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Welprint Ltd. has given the following information:

Machinery as on 1st April, 2022 50,000
Machinery as on 31st March, 2023 60,000
Accumulated Depreciation on 1st April, 2022 25,000
Accumulated Depreciation on 31st March, 2023 15,000

During the year, a machine costing ₹ 25,000 (accumulated depreciation thereon ₹ 15,000) was sold for ₹ 13,000.

Calculate Cash Flow from Investing Activities on the basis of the above information.

[Ans.: Cash used in Investing Activities = ₹ 22,000.]

Anurag Pathak Changed status to publish August 28, 2023
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