[ISC] Q. 26 Cash Flow Statement Solution TS Grewal Class 12 (2023-24)

Solution of Question number 26 of the Cash Flow Statement of TS Grewal Book 2023-24 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:-

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