Plant Original Costing ₹1,35,500 (accumulated depreciation ₹72,800) was sold at a profit of ₹15,900 during the year 2018-19. The amount of cash flow from the transaction would be :
CS Executive · Corporate and Management Accounting · PYQS · December 2019
Plant Original Costing ₹1,35,500 (accumulated depreciation ₹72,800) was sold at a profit of ₹15,900 during the year 2018-19. The amount of cash flow from the transaction would be :
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Financial Accounting
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