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Home Questions 7FCMUKDTZK
Target Exam

CUET

Subject

Accountancy

Chapter

Cash Flow Statement

Question:

 

How much change in goodwill is shown in investing activity of the cash flow statement?

PARTICULARS AT THE BEGINNING OF THE YEAR (₹) AT THE END OF THE YEAR (₹)
Plant (cost) 300000 320000
Accumulated depreciation 90000 100000
Patents 260000 140000
Goodwill 80000 100000

 

Options:

₹40000

₹20000

₹30000

₹25000

Correct Answer:

₹20000

Explanation:

Change in goodwill= 100000-80000=₹20000

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