Prepare fund flow statement from the following details: Additional information: (i) Investments costing 18,000 were sold during
Question:
Prepare fund flow statement from the following details:
Additional information:
(i) Investments costing ₹18,000 were sold during the year 2009–10 for ₹18,500.
(ii) Provision for tax made during the year 2009–10 was ₹90,000.
(iii) During the year part of the fixed asset costing (book value) ₹1,00,000 was sold for ₹1,12,000 and profit included in the profit and loss account.
(iv) Dividend paid during the year 2009–10 was ₹90,000.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: