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Questions
87SX6MRYWC
Target Exam
CUET
Subject
Accountancy
Chapter
Cash Flow Statement
Question:
A company acquired machinery for ₹250000 paying a 20% downpayment and executing a bond for the balance payable. How much cash is used in investing activity of the company?
Options:
₹200000
₹50000
₹150000
₹40000
Correct Answer:
₹50000
Explanation:
Cash used = 250000 X 20/100 = ₹50000
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