From the following information, find out the cash flow from Investing activities. Furniture in the beginning of the year (net) ₹3,50,000 Furniture at the end of the year (net) ₹4,10,000 Furniture having book value of ₹25

CS Executive · Corporate and Management Accounting · PYQS · December 2022
From the following information, find out the cash flow from Investing activities. Furniture in the beginning of the year (net) ₹3,50,000 Furniture at the end of the year (net) ₹4,10,000 Furniture having book value of ₹25,000 was sold for ₹18,000 Depreciation charged on furniture during the year was ₹30,000
(A) ₹60,000
(B) ₹90,000
(C) ₹97,000
(D) ₹1,45,000

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Financial Statements Analysis

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