Question : From the following information, calculate Cash Flow from Financing Activities:
Additional Information: Equity Shares were issued at a premium of 20%. Question: Issue of share capital------------
Option 1: Rs 5,00,000
Option 2: Rs 1,00,000
Option 3: Rs 6,00,000
Option 4: Rs 20,00,000
Correct Answer: Rs 6,00,000
Solution : Answer = Rs 6,00,000
RS 6,00,000 ( RS 5,00,000+ securities premium Rs 1,00,000) Hence, the correct option is 3.
Question : Following is the extract from the Balance Sheet of Beta Ltd.
Additional Information: 1. Proposed dividend on equity shares for the years ended 31st March, 2019 and 2020 were Rs. 1,50,000 and Rs. 1,00,000 respectively. 2. An Interim Dividend of Rs. 50,000 on Equity Shares was paid on 31st December, 2019. Net Profit before Tax and Extraordinary Items are
Option 1: Rs 4,50,000
Option 2: Rs 5,50,000
Option 3: Rs 10,00,000
Option 4: None of the above
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
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