CUET Preparation Today
| What will be the effect of the transaction ' Old furniture written off whose book value is ₹50000' on the cash and cash equivalents while making a cash flow statement by the company? |
Cash inflow Cash outflow No effect Both option 1 and 2 |
| No effect |
| Written-off assets do not make any cash inflow or cash outflow. So, there will be no effect. |
