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akj94
akj94
1 week ago
Accountancy
Secondary School
From the following information, calculate cash flow from investing
activities and financing activities.
Particulars Opening (Rs.) Closing (Rs.)
Furniture (At cost) 40,000 56,000
Accumulated Depreciation on Furniture 12,000 18,000
Capital 2,00,000 2,80,000
Loan from Bank 50,000 30,000
During the year, furniture’s costing Rs.8,000 was sold at a profit of Rs.6,000.
Depreciation on furniture charged during the year amounted to Rs.10,000
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