[ISC] Q. 25 Solution of Cash Flow Statement TS Grewal Class 12 (2022-23)

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Solution of Question number 25 of the Cash Flow Statement of TS Grewal Book 2022-23 session ISC Board?

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

Closing
Balance (₹)
Opening
Balances (₹)
Machinery (At Cost)
Accumulated Depreciation
Patents
4,20,000
1,10,000
1,60,000
4,00,000
1,00,000
2,80,000

Additional Information:

(i) During the year, a machine costing ₹ 40,000 with its accumulated depreciation of ₹ 24,000 was sold at a profit of 25% of book value.

(ii) Patents were written off to the extent of ₹ 40,000 and some patents were sold at a profit of ₹ 20,000.

Solution:-

Working Notes:-

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Read Here:- TS Grewal Solutions class 12 ISC Board (2022-23)

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