68. Net profit for the year ₹2,50,000; Transferred to general reserve ₹40,000; Old machinery bought for ₹50,000 was sold for ₹20,000. Calculate funds from operations.
CS Executive · Cost and Management Accounting · PYQS · June 2021
68. Net profit for the year ₹2,50,000; Transferred to general reserve ₹40,000; Old machinery bought for ₹50,000 was sold for ₹20,000. Calculate funds from operations.
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Fund Flow Statement
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