From the following information, Calculate Cash Flow from Investing Activities:
| Particulars | Closing Balances (₹) |
Opening Balances (₹) |
| Machinery (At Cost) Accumulated Depreciation Patents |
10,00,000 1,50,000 2,00,000 |
9,50,000 1,10,000 3,00,000 |
Additional Information:
- During the year, machine costing ₹ 90,000 with accumulated depreciation of ₹ 60,000 was sold for ₹ 50,000.
- Patents written off were ₹ 50,000 while a part of patents were sold at a profit of ₹ 40,000.
Solution :
