73. For year 2018 Equity Share Capital is ₹3,00,000; Preference Share Capital is ₹1,00,000; 10% debentures is ₹2,00,000, and Share premium is ₹30,000. For year 2019 Equity Share Capital is ₹4,00,000; Preference Share Cap
CS Executive · Cost and Management Accounting · PYQS · June 2021
73. For year 2018 Equity Share Capital is ₹3,00,000; Preference Share Capital is ₹1,00,000; 10% debentures is ₹2,00,000, and Share premium is ₹30,000. For year 2019 Equity Share Capital is ₹4,00,000; Preference Share Capital is ₹60,000; 10% debentures is ₹1,00,000 and Share premium is ₹40,000. Also given, Dividend paid on shares ₹15,000 and Interest paid on debentures ₹20,000. Determine net cash flow from financing activities.
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Cash Flow Statement
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