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Garged during36. From the following information calculate Cash Flow from Operating Activities and investings31st March, 2019 10 31st MacSurplusie Balance in Statement of Profit and LossTrade Payables0 000Current Assets (Trade Receivables and inventones11.50.000 30Fixed Assets (Tangible)21.25 000Accumulated Depreciation10.62.500Additional information:1. A machine having book value of 1,00.000 (Depreciation provided thereon 1,62.500at a loss of 20.000.2 Tax paid during the year 75,000 |
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Answer» 53. On 1.1.20 X Ltd. PURCHASED fixed assets WORTH 2,50,000 for a consideration of * 2,30,000 payable by the issue of 20,000 fully paid equity shares of 10 each at a premium of 15%. After 6 months X Ltd. SOLD the above fixed assets for * 3,20,000. |
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