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Question : From the following information, calculate Cash Flow from Financing Activities:

Particulars 31st march 2020(Rs) 31st march 2019(Rs)
Equity share capital 20,00,000 15,00,000
12% preference share capital ......... 5,00,000
14% debentures 2,50,000 .........

Additional Information:
Equity Shares were issued at a premium of 20%.
Question:
Interest paid on 14% Debentures __________.If Rs 6,000 accrued interest on debentures

Option 1: Rs 35,000

Option 2: Rs 6,000

Option 3: Rs 29,000

Option 4: Rs 25,000


Team Careers360 3rd Jan, 2024
Answer (1)
Team Careers360 24th Jan, 2024

Correct Answer: Rs 29,000


Solution : Answer = Rs 29,000

Interest on debentures Rs 35,000 less accrued interest on debentures Rs 6000 means interest paid on debentures is Rs 29,000.
Hence, the correct option is 3.

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