ABC ltd is carrying on a Mutual Fund business. It invested Rs 15, 00,000 in shares and Rs 7, 50,000 in debentures of various companies during the year. It received Rs 1,50,000 as dividend and interest. Find out Cash Flow from Investing Activities.
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Cash Flow from Investing Activity:
(-) shares investment 15,00,000
(-) debenture investment 7,50,000
+ int. On debentures 1,50,000
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Don’t quote me as I haven’t studied accountancy for the past 4 months so my answer might br wrong.
(-) shares investment 15,00,000
(-) debenture investment 7,50,000
+ int. On debentures 1,50,000
~
Don’t quote me as I haven’t studied accountancy for the past 4 months so my answer might br wrong.
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