Prepare the cash flow statement from investing activities of Alpha Creative Ltd for the year ended March31,
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Question:
Prepare the cash flow statement from investing activities of Alpha Creative Ltd for the
year ended March31, 2019
Particulars | Amount |
Plant acquired | 160000 |
Claim received for loss of plant in fire | 45500 |
Unsecured loans given to subsidiaries | 595000 |
Interest on loan received from subsidiary companies | 72500 |
Also give reasons for the classification of above activities as inflow /outflow
Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
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