Question : From the following information,
| Particulars | 31st march, 2020(Rs) | 31st march, 2019(Rs) |
| Furniture (at cost) | 20,000 | 28,000 |
| Accumulated Depreciation on furniture | 6,000 | 9,000 |
| Share capital | 1,40,000 | 1,00,000 |
| Bank loan | 25,000 | 15,000 |
During the year, furniture book value Rs 4,000 was sold at a gain (profit) of Rs 3,000. Depreciation on furniture charged during the year amounted to Rs 5,000.
Question:
The value of cash flow from investing activities are
Option 1: Rs 4,000
Option 2: Rs 7,000
Option 3: Rs (7,000)
Option 4: Rs 3,000
Correct Answer: Rs 3,000
Solution : Answer = Rs 3,000
| Accumulated dep a/c | |||
| To Furniture | 8,000 | By Bal b/d | 9,000 |
| To Bal c/d | 6,000 | By Dep charged | 5,000 |
| 14,000 | 14,000 | ||
| Furniture a/c | |||
| To Bal b/d | 28,000 | By Acc dep | 8,000 |
| To Profit on sale of furniture | 3,000 | By Bank | 7,000 |
| To Bank(purchases) | 4,000 | By bal c/d | 20,000 |
| 35,000 | 35,000 | ||
| Cash flow from Investing Activities | |
| Sale of furniture | 7,000 |
| furniture Purchased | (4,000) |
| Cash flow from Investing Activities | 3,000 |
Hence, the correct option is 4.
Related Questions
Question : From the following information,
| Particulars | 31st march, 2020(Rs) | 31st march, 2019(Rs) |
| Furniture (at cost) | 20,000 | 28,000 |
| Accumulated Depreciation on furniture | 6,000 | 9,000 |
| Share capital | 1,40,000 | 1,00,000 |
| Bank loan | 25,000 | 15,000 |
During the year, furniture book value Rs 4,000 was sold at a gain (profit) of Rs 3,000. Depreciation on furniture charged during the year amounted to Rs 5,000.
Question:
The value of cash flow from investing activities are
Option 1: Rs 4,000
Option 2: Rs 7,000
Option 3: Rs (7,000)
Option 4: Rs 3,000
Question : From the following information,
| Particulars | 31st march, 2020(Rs) | 31st march, 2019(Rs) |
| Furniture (at cost) | 20,000 | 28,000 |
| Accumulated Depreciation on furniture | 6,000 | 9,000 |
| Share capital | 1,40,000 | 1,00,000 |
| Bank loan | 25,000 | 15,000 |
During the year, furniture book value Rs 4,000 was sold at a gain (profit) of Rs 3,000. Depreciation on furniture charged during the year amounted to Rs 5,000.
Question:
The value of cash flow from Financing activities
Option 1: Rs 30,000
Option 2: Rs 45,000
Option 3: Rs 30,000
Option 4: Rs 50,000
Question : From the following information,
| Particulars | 31st march, 2020(Rs) | 31st march, 2019(Rs) |
| Furniture (at cost) | 20,000 | 28,000 |
| Accumulated Depreciation on furniture | 6,000 | 9,000 |
| Share capital | 1,40,000 | 1,00,000 |
| Bank loan | 25,000 | 15,000 |
During the year, furniture book value Rs 4,000 was sold at a gain (profit) of Rs 3,000. Depreciation on furniture charged during the year amounted to Rs 5,000.
Question:
The value of cash flow from Financing activities
Option 1: Rs 30,000
Option 2: Rs 45,000
Option 3: Rs 30,000
Option 4: Rs 50,000
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:
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
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:
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
