Accountancy, asked by anjusksharma23, 7 months ago

30. Calculate Cash Flow from Investing Activities from the following information:
Particulars
31st March,
2020)
31st March
2019)
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
Additional information:
1. 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.
2. Dividend received from Damodar Ltd. @ 12%.
3. Patents written off to the extent of 20,000. Some patents were sold at a profit of 10.000
4. A machine costing * 80,000 (depreciation provided thereon 30,000) was sold for 35,000
Depreciation charged during the year was 70,000.
5. 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​

Answers

Answered by prerna515
3

i hope this will help you

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