Chapter - 13 (Question - 13 Cash Flow statement)

 

Question - 13

Calculate cash flows from investing Activities from the following information :

31.03.2018

Land Rs. 8,00,000

Machinery Rs. 4,00,000

10% INvestment Rs. 80,000

Patents Rs. 30,000

Goodwill Rs. 1,00,000

31.03.2017

Land Rs. 11,00,000

Machinery Rs. 3,00,000

10% INvestment Rs. 45,000

Patents Rs. 80,000

Additional Informations :

1. Patents of Rs. 10,000 were written off during the year and remining were sold at a profit of 30%.
2. A piece of mahcinery costing Rs. 1,20,000 (accunulated depreciation Rs. 50,000) was sold at a profit of Rs. 8,000.
3. Depreciation charged on machinery curing the year Rs. 60,000.
4. Investment were purchased on 01.04.2017.

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