Question:
Calculate the resulting cash flow and state the nature of cash flow from the following information:,
Acquired machinery for ₹3,50,000 by issuing cheque.
Calculate the resulting cash flow and state the nature of cash flow from the following information:,
Acquired machinery for ₹3,50,000 by issuing cheque.
Acquired machinery for ₹3,50,000 by issuing cheque.
Updated On: Oct 29, 2024
- Investing activity and outflow ₹3,50,000
- Investing activity and inflow ₹3,50,000
- Investing activity and no flow
- Operating activity and outflow ₹3,50,000
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The Correct Option is A
Solution and Explanation
Acquiring machinery is considered an investing activity and results in a cash outflow of ₹3,50,000.
Hence, the correct answer is Option 1.
Hence, the correct answer is Option 1.
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