Question

Calculate cash flow from investing activity
Plant and machinery ( opening bal )12 lac and 15 lac (closing balance)
Investment long term 15 lac opening balance and 420000 closing balance
Land at cost 5 lac opening balance and 4 lac closing balance
Additional information:-
1. Dep on plant and machinery Rs.72000
2.plant and machinery with book value Rs.120000 and sold for Rs.75000
3.Investment purchased for Rs.3 lac and some were sold at loss of Rs.10000 . Interest received on investment during the year Rs.15000
4.land sold at profit of Rs.80000

Answer 1

Answer:

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Explanation:

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