Question 36 Chapter 15 of Class 12 Part – 2 – 2024
Cash Flow From investing Activities
36. (Cash Flow from Investing Activities/Sale of Plant at Profit) A company had the following balances :
| ₹ | |
| Plant Opening | 5,00,000 |
| Plant Closing | 7,00,000 |
During the year 30% of the plant was sold at 30% profit on cost.
Calculate cash flow from investing activities.
The solution of Question 36 Chapter 15 of Class 12 Part – 2 – 2024: –
Cash Flow from investing activities |
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| Particulars |
Rs |
|
| Inflow from Sale of Plant | 1,95,000 | |
| Less: Outflow from the purchase of Plant* | (3,50,000) | |
| Cash Flow from Operating activities | (1,55,000) | |
Working Note
Plant Account |
|||
| Particulars |
Amount ₹ |
Particulars |
Amount ₹ |
| To Balance b/d | 5,00,000 | By Bank A/c -Sale |
1,95,000 |
| To Statement of Profit and Loss -Profit on Sale |
45,000 | (3,50,000) | |
| To Bank –Purchase (Bal. fig.) | 3,50,000 |
By Balance c/d | 7,00,000 |
| 8,95,000 |
8,95,000 |
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