Question : If a machine whose original cost is Rs.40,000 having accumulated depreciation Rs.12,000, were sold for Rs.34,000 then while preparing Cash Flow Statement its effect on cash flow will be :

Option 1: Cash flow from financing activities Rs.34,000

Option 2: Cash flow from financing activities Rs.6,000

Option 3: Cash flow from investing activities Rs.34,000

Option 4: Cash flow from investing activities Rs.6,000

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

Question : If 6% Pref. share capital of Rs. 2,00,000 were redeemed at a premium of 5%, while preparing Cash Flow Statement its effect on cash flow will be :

Option 1: Cash used from financing activities Rs.2,12,000

Option 2: Cash received from financing activities Rs.2,12,000

Option 3: Cash used (Payment) from financial activities Rs.2,10,000

Option 4: Cash used (Payment) from financial activities 2,00,000

Question : The cash flow statement begins with :

Option 1: Cash Flow from Operating Activities

Option 2: Cash Flow from Financing Activities

Option 3: Cash Flow from Investing Activities

Option 4: None of the above

Question : Under which type of activity will you classify 'Proceeds from Sale of Goodwill while preparing a Cash Flow Statement?

Option 1: Operating activities

Option 2: Investing activities

Option 3: Financing activities

Option 4: Cash and cash equivalents