Some of the account balances of KK Ltd. are as follows in its balance sheet: 2016 2017 (₹) (₹) Share Capital 2,50,000 4,50,000 10% Debenture 2,00,000 1,50,000 Share Premium 25,000 50,000 If the interest paid on debenture

CS Executive · Cost and Management Accounting · PYQS · December 2017
Some of the account balances of KK Ltd. are as follows in its balance sheet: 2016 2017 (₹) (₹) Share Capital 2,50,000 4,50,000 10% Debenture 2,00,000 1,50,000 Share Premium 25,000 50,000 If the interest paid on debentures was ₹20,000, the net cash flows from financing activities were : (A) ₹1,75,000 (B) ₹1,55,000 (C) ₹2,05,000 (D) ₹2,25,000
(A) ₹1,75,000
(B) ₹1,55,000
(C) ₹2,05,000
(D) ₹2,25,000

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Cash Flow Statement

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