Question

From the following particulars prepare cash flow from investing activities Particulars 2017 2018 Motor vehicle Accumulated depreciation 350000 180000 680000 250000 During the year 2018 a motor vehicle costing ₹150000 was sold at a profit of ₹120000. Depreciation was charged on the motor vehicle during the year 2018 amounted to ₹100000.​

Answer 1

Calculation of Interest on Debentures

3,75,000×8/100=30,000

2,75,000×8/100×6/12=11,000

Total Interest=41,000 (30,000+11,000)3,75,000×8/100=30,0002,75,000×8100×612=11,000

Total Interest=41,000 30,000+11,000

Calculation of Interest on Bank Loan

1,25,000×8/100×6/12=5,000

1,00,000×8/100×6/12=4,000

Total Interest=9,000 (5,000+4,000)

Answer 2

Answer:

From the following particulars prepare cash flow from investing activities Particulars 2017 2018 Motor vehicle Accumulated depreciation 350000 180000 680000 250000 During the year 2018 a motor vehicle costing ₹150000 was sold at a profit of ₹120000. Depreciation was charged on the motor vehicle during the year 2018 amounted to ₹100000.