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Q.28 From the following Particulars, Calculate Cash Flow from Investing Activities:
Particulars | Purchased ₹ | Sold ₹ |
Machinery Investments Goodwill Patents | 6,20,000 2,40,000 1,00,000 – | 2,00,000 80,000 – 1,50,000 |
Additional Information:
- Interest Received on Debentures held as investment ₹ 8,000.
- Interest paid on debentures issued ₹ 20,000.
- Dividend received on shares held as investment ₹ 20,000.
- Dividend paid on Equity Share Capital ₹ 30,000.
- A plot of land was purchased out of the surplus funds for investment purposes and was let out for commercial use. Rent received ₹ 50,000 during the year.
SOLUTION:
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