Kabir Limited sold a building at a profit. How this transaction be treated in the companys cash
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Kabir Limited sold a building at a profit. How this transaction be treated in the company’s cash flow statement?
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A B C Proceeds of Sale Cash inflow under financing activities Cash inflow under investing activities Cash inflow under investing activities Profit on Sale Added to profit in calculating cash flow from operating activities Deducted from profit in calculating cash flow from operating activities Added to profit in calculating cash flow from operting activities
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Related Book For
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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