The correct answer is option 2- (₹22,000).
Sale of Machinery 13,000
Less: Purchase of Machinery (35,000)
Net cash used in Investing Activities = 35,000 -13,000
= (22,000)
As figure is given in bracket shown negative or outflow in accounting so correct ans will be (22,000).
Machinery Account
|
Particulars
|
J.F.
|
Amount(₹)
|
Particulars
|
J.F.
|
Amount(₹)
|
|
Balance b/d
|
|
50,000
|
Cash (proceeds from sale of machine)
|
|
13,000
|
|
Statement of Profit and Loss
(profit on sale of machinery)
|
3,000
|
Accumulated Depreciation
|
15,000
|
|
Cash (balancing figure:new machinery purchased)
|
35000
|
Balance c/d
|
60,000
|
|
|
88,000
|
|
88,000
|
Accumulated Depreciation Account
|
Particulars
|
J.F.
|
Amount (₹)
|
Particulars
|
J.F.
|
Amount (₹)
|
|
Machinery
|
|
15,000
|
Balance b/d
|
|
25,000
|
|
Balance c/d
|
15,000
|
Statement of Profit and Loss
(Depreciation provided during the year)
|
5,000
|
|
|
30,000
|
|
30,000
|
|
