Classify the following into cash flows from operating, investing and financing activities i. Issue of...

80.2K

Verified Solution

Question

Accounting

image

Classify the following into cash flows from operating, investing and financing activities i. Issue of shares at premium at 10% Rs 11,00,000 ii. Income tax paid Rs 65,000 iii. Proceeds of Sale of building Rs 12,00,000 iv. Depreciation on machinery Rs 75,000 v. Discount on issue of shares written off Rs 20,000 vi. Redemption of Preference shares Rs 6,00,000 vii. Advances to subsidiary company Rs 8,00,000 viii. Acquiring of land Rs 25,00,000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students