M Ltd. provides the following details : Items 2020 (₹) 2021 (₹) Share Capital 8,00,000 12,00,000 12% Debentures 4,00,000 3,00,000 Share premium 60,000 1,00,000 Int. on debentures paid — 48,000 Dividend received — 30,000

CS Executive · Corporate and Management Accounting · PYQS · December 2022
M Ltd. provides the following details : Items 2020 (₹) 2021 (₹) Share Capital 8,00,000 12,00,000 12% Debentures 4,00,000 3,00,000 Share premium 60,000 1,00,000 Int. on debentures paid — 48,000 Dividend received — 30,000 Cash flow from financing activities would be:
(A) ₹3,22,000
(B) ₹4,70,000
(C) ₹3,70,000
(D) ₹2,92,000

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Financial Statements Analysis

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