W Ltd has given you following information | Item | Amount | |---|---| | Machinery (opening Balance) | Rs. 50,000 | | Machinery (closing Balance) | Rs. 60,000 | | Accumulated Depreciation (opening balance) | Rs. 25,000 | | Accumulated Depreciation (closing balance) | Rs. 15,000 | During the year, a machine costing Rs. 25,000 with accumulated depreciation of Rs. 15,000 was sold for Rs. 13,000. Calculate Cash Flow from Investing Activity

Question

Option 1: 22,000

Option 2: (22,000)

Option 3: (35,000)

Option 4: 13,000

AfterBoards · Accepted Answer

The answer is '(22,000)'. View full solution:

Particulars	(Rs.)
Profit before change in working capital	2,00,000
Depreciation on plant and Machinery	20,000
Gain on sale of Building	10,000
Increase in trade Paybles	4,500
Increase in trade Receivables	3,500
Interest paid	2,225
Decrease in Inventories	3,750
Redemption of 10% Debentures	80,000

CUET Accountancy 2023 29 May Shift 2 PYQs

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