Question : M/s Deva and Sons a bamboo pen producing company, Purchased Machinary for Rs.9,00,000. It received dividend of Rs.70,000 on investment of shares. The company also sold an old machine with the book value of Rs.79,000 at a loss of Rs.10,000. Compute the amount of cash flow used from/in Investing activity? 

Option 1: Rs.5,61,000

Option 2: Rs.4,61,000

Option 3: Rs.7,61,000

Option 4: None of the Above

Question :

Rajan Ltd. purchased a running business from Vikas Ltd. for a sum of Rs. 2,50,000 payable as  Rs. 2,20,000 in fully paid equity shares of  Rs. 10 each and balance by a bank draft. The assets and liabilities consisted of the following:

Plant and Machinery Rs. 90,000; Building Rs. 90,000; Sundry Debtors Rs. 30,000; Stock Rs. 50,000; Cash Rs. 20,000; Sundry Creditors Rs. 20,000.

Question:- The difference between net assets and purchase consideration is transferred to _______.

Option 1: Goodwill Rs. 10,000  

Option 2: Capital Reserve Rs. 10,000

Option 3: Securities premium Rs. 10,000

Option 4: Vendor Co. Rs. 10,000

Question :

Rajan Ltd. purchased a running business from Vikas Ltd. for a sum of Rs. 2,50,000 payable as  Rs. 2,20,000 in fully paid equity shares of  Rs. 10 each and balance by a bank draft. The assets and liabilities consisted of the following:

Plant and Machinery Rs. 90,000; Building Rs. 90,000; Sundry Debtors Rs. 30,000; Stock Rs. 50,000; Cash Rs. 20,000; Sundry Creditors Rs. 20,000.

Question:- The difference between net assets and purchase consideration is transferred to _______.

Option 1: Goodwill Rs. 10,000  

Option 2: Capital Reserve Rs. 10,000

Option 3: Securities premium Rs. 10,000

Option 4: Vendor Co. Rs. 10,000

Question : Sold machinery of original cost Rs. 2,00,000 with an accumulated depreciation of Rs. 1,60,000 for Rs. 60,000. Cash flow from investing activities is

Option 1: Rs 60,000

Option 2: Used in investing activities Rs 60,000

Option 3: Rs 20,000

Option 4: None of the above

Question : Sold machinery of original cost Rs. 2,00,000 with an accumulated depreciation of Rs. 1,60,000 for Rs. 60,000. Cash flow from investing activities is

Option 1: Rs 60,000

Option 2: Used in investing activities Rs 60,000

Option 3: Rs 20,000

Option 4: None of the above