[CBSE] Q. 24 Cash Flow Statement TS Grewal Class 12 2023-24

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Solution of Question number 24 of the Cash Flow Statement of TS Grewal Book 2023-24 session?

From the following information, Calculate Cash Flow from Investing Activities:

ParticularsClosing
Balances (₹)
Opening
Balances (₹)
Machinery (At Cost)
Accumulated Depreciation
Patents
10,00,000
1,50,000
2,00,000
9,50,000
1,10,000
3,00,000

Additional Information:

During the year, machine costing ₹ 90,000 with accumulated depreciation of ₹ 60,000 was sold for ₹ 50,000.

Patents written off were ₹ 50,000 while a part of patents were sold at a profit of ₹ 40,000.

[Ans.: Cash Flow from investing Activities = Nil.]

Solution:-

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