Using the following information find out the net cash flow from investing activities: 31.12.2021 (₹) 31.12.2022 (₹) Building (WDV) 2,00,000 4,00,000 Building costing ₹ 50,000 on which ₹ 20,000 had accumulated depreciatio
CS Executive · Corporate and Management Accounting · PYQS · December 2023
Using the following information find out the net cash flow from investing activities: 31.12.2021 (₹) 31.12.2022 (₹) Building (WDV) 2,00,000 4,00,000 Building costing ₹ 50,000 on which ₹ 20,000 had accumulated depreciation was sold for ₹ 25,000. Depreciation charged on building for the year ended on 31.12.2022 was ₹ 30,000.
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Financial Accounting
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