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Model Paper 1 — Accountancy STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceAccountancyModel Paper 11 Mark
MCQ
If a machine whose original cost is ₹ 40,000 having accumulated depreciation ₹ 12,000, were sold for ₹ 34,000 then while preparing Cash Flow Statement its effect on cash flow will be:
  • ✓
    Cash flow from investing activities ₹ 34,000
  • B
    Cash flow from financing activities ₹ 34,000
  • C
    Cash flow from investing activities ₹ 6,000
  • D
    Cash flow from financing activities ₹ 6,000
✓

Answer

Correct option: A.
Cash flow from investing activities ₹ 34,000
(a) Cash flow from investing activities ₹ 34,000
Explanation:
Cash flow from investing activities ₹ 34,000

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