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in Accounts by (44.9k points)
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Balance Sheet (Extract) 

Equity and liabilities 31-3-2019 31-3-2020
12% Debentures 2,00,000 1,60,000

Additional Information: 

Interest on debentures is paid on half yearly basis on 30th September and 31st March each year. Debentures were redeemed on 30th September 2019. 

How much amount (related to above information) will be shown in Financing Activity for Cash Flow Statement prepared on 31st March 2020? 

(a) Outflow Rs. 40,000.

(b) Inflow Rs. 42,600.

(c) Outflow Rs. 61,600. 

(d) Outflow Rs. 64,000

by (10 points)
Can you tell me how it is 61600 ???
by (20 points)
can you give me brief answer
by (10 points)
+1
Sure, here it is
 
(C) Cash flows from Financing activities
Repayment of 12% debentures - (40000)
*Interest paid on 12% debentures - ( 21600)
Cash outflows from financing activities - (61600)
* interest = 200000×12/100×6x12+160000×12/100×6/12
=12000+9600 = 21600

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1 Answer

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(c) Outflow Rs. 61,600.

by (10 points)
But how?

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