69. In the books of ZY Ltd. the balance of 10% debenture of the face value of ₹100 each at the beginning of the year was ₹1,00,000 and at the end was ₹80,000. During the year ₹20,000, 10% debentures were redeemed by purc
CS Executive · Cost and Management Accounting · PYQS · June 2021
69. In the books of ZY Ltd. the balance of 10% debenture of the face value of ₹100 each at the beginning of the year was ₹1,00,000 and at the end was ₹80,000. During the year ₹20,000, 10% debentures were redeemed by purchase from open market @ ₹95 (Ex-Interest). Ignoring other transactions, calculate net fund flow from transaction relating to 10% debenture.
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Fund Flow Statement
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