Nitin Ltd. provides you the following information. | Particulars | 1 April 2021 | 31 March 2022 | |---|---|---| | Machinery | 2,40,000 | 3,50,000 | | Accumulated Depreciation | 50,000 | 45,000 | During the year, a machine costing Rs. 90,000 with accumulated depreciation of Rs. 31,500 was sold for Rs. 52,000. Calculate Cash Flow from Investing Activities on the basis of the above information.

Question

Option 1: 2,00,000

Option 2: 52,000

Option 3: 1,48,000

Option 4: 1,52,000

AfterBoards · Accepted Answer

The answer is '1,48,000'. View full solution:

CUET Accountancy 2022 23 Aug Shift 2 PYQs

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