Machinery purchased for ₹18,65,000 and 1,00,000 equity shares of ₹10 each issued to machinery vender at a premium of ₹5 per share. The funds flow would be :
CS Executive · Cost and Management Accounting · PYQS · December 2021
Machinery purchased for ₹18,65,000 and 1,00,000 equity shares of ₹10 each issued to machinery vender at a premium of ₹5 per share. The funds flow would be :
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Funds Flow Statement
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