Debentures interest paid is ₹80,000, Proposed dividend on equity shares is ₹1,50,000, Preference dividend paid is ₹1,20,000, Provision for tax is ₹90,000, then cash outflow from financing activity is :
CS Executive · Corporate and Management Accounting · PYQS · June 2021
Debentures interest paid is ₹80,000, Proposed dividend on equity shares is ₹1,50,000, Preference dividend paid is ₹1,20,000, Provision for tax is ₹90,000, then cash outflow from financing activity is :
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Corporate Accounting
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