Mention the net amount of "Source" or "Use" of cash when a fixed asset having book value of Rs15,000 is sold at a loss of Rs5,000.

Use Rs5,000 Source Rs10,000 Use Rs15,000 Source Rs15,000

Source Rs10,000

Fixed asset( book value) = 15,000 Sold at loss of ₹ 5,000 Sale of fixed asset = 15000-5000 = 10,000( Source)