Target Exam

CUET

Subject

-- Accountancy Part B

Chapter

Cash Flow Statement

Question:

ABC Ltd. has given you the following information:

 

 Rs.

Machinery as on April 01, 2024

50,000

Machinery as on March 31, 2025

60,000

Accumulated Depreciation on April 01, 2024

25,000

Accumulated Depreciation on March 31, 2025

15,000

During the year, a Machine costing Rs. 25,000 with Accumulated Depreciation of Rs. 15,000 was sold for Rs. 13,000. Calculate cash flow from Investing Activities on the basis of the above information.

Options:

Rs. 22,000 Outflow

Rs. 22,000 Inflow

Rs. 21,000 Outflow

Rs. 21,000 Inflow

Correct Answer:

Rs. 22,000 Outflow

Explanation:

Right Answer not mentioned in NTA Answer key