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Following the following Balance Sheet of Akash Ltd., as on 31st March 2014:
image
Additional Information:
(i) Tax paid during the year amounted to ₹ 16,000.
(ii) Machine with a net boo value of ₹ 10,000.(Accumulated Depreciation ₹ 40,000) was sold for ₹2,000.
Perpare Cash Flow statement .

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1 Answer

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Correct Answer - Cash Flow from Operating Activities = ₹ 1,96,000; Cash Used in Investing Activities = ₹ 3,68,000; Cash Flow from Financing Activites = ₹ 1,77,000; Net Increase in Cash and Cash Equlvalents = ₹ 5,000.

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