Question :
| Particulars | 31st march 2020(Rs) | 31st march 2019(Rs) |
| 10% investment | 5,00,000 | 2,50,000 |
| Fixed Assets | 11,90,000 | 8,75,000 |
Additional Information:
Half of the investments held in the beginning of the year were sold at 10% gain (profit).
I.Depreciation on Fixed Assets was Rs 1,00,000 for the year.
II.Interest received on investments Rs 35,000.
III.Dividend received on investments Rs 25,000.
Question:
Value of Investment purchased
Option 1: Rs 3,55,000
Option 2: Rs 3,75,000
Option 3: Rs 3,45,000
Option 4: None of the above
Correct Answer: Rs 3,75,000
Solution : Answer = Rs 3,75,000
| 10% Investment A/c. | |||
| To Balance B/D | 2,50,000 | By Bank (Sale) | 1,37,500 |
| To Profit on sale of investment | 12,500 | ||
| To Bank(Purchase) | 3,75,000 | By Bal. C/D | 5,00,000 |
| 6,37,500 | 6,37,500 | ||
C.P.+Profit = S.P.
1,25,000+12500= 1,37,500
| Dr. | Fixed Assets | Cr. | |
| To Bal. B/D | 2,75,000 | ||
| By Dep. | 1,00,000 | ||
| To Bank(Purchases)(B/F) | 4,15,000 | By Bal. C/D | 11,90,000 |
| 12,90,000 | 12,90,000 | ||
| Cash Flow from Investing Activities | |
| Interest on Investment Received | 35000 |
| Dividend Received | 25000 |
| Sale of Investments | 1,37,500 |
| Investment Purchased | (3,75,000) |
| FA Purchased | (4,15,000) |
| Cash used in Investing Activities | (5,92,500) |
Hence, the correct option is 2.
Related Questions
Question :
| Particulars | 31st march 2020(Rs) | 31st march 2019(Rs) |
| 10% investment | 5,00,000 | 2,50,000 |
| Fixed Assets | 11,90,000 | 8,75,000 |
Additional Information:
Half of the investments held in the beginning of the year were sold at 10% gain (profit).
I.Depreciation on Fixed Assets was Rs 1,00,000 for the year.
II.Interest received on investments Rs 35,000.
III.Dividend received on investments Rs 25,000.
Question:
Value of Investment purchased
Option 1: Rs 3,55,000
Option 2: Rs 3,75,000
Option 3: Rs 3,45,000
Option 4: None of the above
Question :
| Particulars | 31st march 2020(Rs) | 31st march 2019(Rs) |
| 10% investment | 5,00,000 | 2,50,000 |
| Fixed Assets | 11,90,000 | 8,75,000 |
Additional Information:
Half of the investments held in the beginning of the year were sold at 10% gain (profit).
I.Depreciation on Fixed Assets was Rs 1,00,000 for the year.
II.Interest received on investments Rs 35,000.
III.Dividend received on investments Rs 25,000.
Question:
Cash flow from Investing Activities-------------------
Option 1: Cash flow from Investing activities Rs 5,92,500
Option 2: Cash used in investing Activities Rs 5,92,500
Option 3: Cash flow from Investing activities Rs 6,52,500
Option 4: None of the above
Question :
| Particulars | 31st march 2020(Rs) | 31st march 2019(Rs) |
| 10% investment | 5,00,000 | 2,50,000 |
| Fixed Assets | 11,90,000 | 8,75,000 |
Additional Information:
Half of the investments held in the beginning of the year were sold at 10% gain (profit).
I.Depreciation on Fixed Assets was Rs 1,00,000 for the year.
II.Interest received on investments Rs 35,000.
III.Dividend received on investments Rs 25,000.
Question:
Cash flow from Investing Activities-------------------
Option 1: Cash flow from Investing activities Rs 5,92,500
Option 2: Cash used in investing Activities Rs 5,92,500
Option 3: Cash flow from Investing activities Rs 6,52,500
Option 4: None of the above
Question :
| Particulars | 31st march 2020(Rs) | 31st march 2019(Rs) |
| 10% investment | 5,00,000 | 2,50,000 |
| Fixed Assets | 11,90,000 | 8,75,000 |
Additional Information:
Half of the investments held in the beginning of the year were sold at 10% gain (profit).
I. Depreciation on Fixed Assets was Rs 1,00,000 for the year.
II. Interest received on investments Rs 35,000.
III. Dividend received on investments Rs 25,000.
Question:
Value of Interest received on investment ___________.
Option 1: Rs 25,000
Option 2: Rs 50,000
Option 3: Rs 35,000
Option 4: None of the above
Question :
| Particulars | 31st march 2020(Rs) | 31st march 2019(Rs) |
| 10% investment | 5,00,000 | 2,50,000 |
| Fixed Assets | 11,90,000 | 8,75,000 |
Additional Information:
Half of the investments held in the beginning of the year were sold at 10% gain (profit).
I. Depreciation on Fixed Assets was Rs 1,00,000 for the year.
II. Interest received on investments Rs 35,000.
III. Dividend received on investments Rs 25,000.
Question:
Value of Interest received on investment ___________.
Option 1: Rs 25,000
Option 2: Rs 50,000
Option 3: Rs 35,000
Option 4: None of the above
