CUET Accountancy - On 1st April 2020, the balance of furniture of ABC Ltd. was Rs. 20,000. During the year furniture costing Rs. 4,000 was sold at a gain of Rs. 3,000. Depreciation was charged on it Rs. 5,000. The balance of furniture on 31.3.21 was Rs. 28,000. The amount of furniture purchased was : | PYQs + Solutions

CUET Accountancy 2022 20 July Shift 1

Financial Statements

Medium

Rs. 8,000

Rs. 17,000

Rs. 12,000

Rs. 13,000

✅ Correct Option: 2

Related questions:

15 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Cash Outflows from financing activities	(I) Redemption of debentures
(B) Cash Inflows from operating activities	(II) Current Investment
(C) Cash and cash equivalents	(III) Cash from royalties, fees, commissions and other revenues
(D) Cash Inflows from investing activities	(IV) Cash receipt from disposal of fixed assets including intangibles

Choose the correct answer from the options given below:

3 June Shift 1

Which transaction among the following is NOT disclosed in the cash flow statement due to the non-cash nature of the transaction.

28 May Shift 1

Calculate and state the nature of activity under cash flow statement :

Acquired Machinery for Rs. 5,00,000 paying 50% by cheque and executing a bond for the balance payable :

CUET Accountancy 2022 20 July Shift 1 PYQs