[CBSE] Q29 Cash Flow Statement TS Grewal Solutions Class 12 Accountancy 2024-25

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Q29. Calculate Cash Flow from Investing Activities from the following information:

Particulars	31st March, 2023 (₹)	31st March, 2022 (₹)
Investments in Land Shares in Damodar Ltd. 12% Long-term Investments Plant and Machinery Patents Goodwill	3,00,000 1,50,000 80,000 7,50,000 70,000 1,50,000	3,00,000 1,50,000 50,000 6,00,000 1,00,000 1,00,000

• A piece of land was purchased as an investment out of surplus. It was let out for commercial purpose and the rent received was ₹ 20,000.
• Dividend received from Damodar Ltd. @ 12%.
• Patents written off to the extent of ₹ 20,000. Some patents were sold at a profit of ₹ 10,000.
• A machine costing ₹ 80,000 (depreciation provided thereon ₹ 30,000) was sold for ₹ 35,000. Depreciation charged during the year was ₹ 70,000.
• During the year 12% investments were purchased for ₹ 1,00,000 and some investments were sold at a profit of ₹ 10,000. Interest on investments for the year was duly received.

SOLUTION:

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More TS Grewal Class 12 Accountancy Solutions For Cash Flow Statement

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