From the following information, calculate cash flow from financing activities.

If dividend payable was ₹30,000 on 31 March 2021 and 40,000 on March 31, 2022. 

Determine outflow of cash from financing activities.

₹2,30,000

The correct answer is Option (4) → ₹2,30,000.

The dividend payable on 31 March 2021 = ₹30,000
The dividend payable on 31 March 2022 = ₹40,000
Difference = (40,000 - 30,000)
                 = ₹10,000

Propose dividend of the previous year (31 March 2021) will be paid in the current year (31 March 2022).
Proposed dividend of 2021 is ₹2,40,000
₹10,000 is still pending in 2022
Dividend paid = 2,40,000 - 10,000
                      = ₹2,30,000