Given Net profit for the year Rs 2,50,000 Transferred to general reserves Rs 40,000 and old machinery

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Given Net profit for the year Rs 2,50,000 Transferred to general reserves Rs 40,000 and old machinery bought for Rs 50,000 was sold for Rs 20,000. Calculate funds from operations.

a) Rs 2, 80,000
b) Rs 2, 20,000
c) Rs 2, 90,000
d) Rs 3, 00,000

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Advanced Accounting

ISBN: 978-1118037911

1st Canadian Edition

Authors: Gail Fayerman

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Posted Date: Feb 13, 2023 03:03 AM

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Given Net profit for the year Rs 2,50,000 Transferred to general reserves Rs 40,000 and old machinery

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