If a machine whose original cost is ₹50,000 having accumulated depreciation ₹12,000, were sold for ₹44,000 then while preparing Cash Flow Statement its effect on cash flow will be a. Cash flow from financing activities ₹54,000 b. Cash flow from financing activities ₹6,000 c. Cash flow from investing activities ₹44,000 d. Cash flow from investing activities ₹6,000
If a machine whose original cost is ₹50,000 having accumulated depreciation ₹12,000, were sold for ₹44,000 then while preparing Cash Flow Statement its effect on cash flow will be a. Cash flow from financing activities ₹54,000 b. Cash flow from financing activities ₹6,000 c. Cash flow from investing activities ₹44,000 d. Cash flow from investing activities ₹6,000
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter15: Statement Of Cash Flows
Section: Chapter Questions
Problem 6DQ
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Question
If a machine whose original cost is ₹50,000 having accumulated depreciation ₹12,000, were sold for ₹44,000 then while preparing Cash Flow Statement its effect on cash flow will be
a.
Cash flow from financing activities ₹54,000
b.
Cash flow from financing activities ₹6,000
c.
Cash flow from investing activities ₹44,000
d.
Cash flow from investing activities ₹6,000
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