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Question :

Which of the following transactions will result into 'Inflow of Cash' ?

Option 1: Deposited Rs.10,000 into bank

Option 2: Withdrew cash from bank Rs.14,500

Option 3: Sale of machinery of the book value of Rs.74,000 at a loss of Rs.9,000

 

Option 4: Converted Rs.2,00,000, 9% debentures into equity shares


Team Careers360 23rd Jan, 2024
Answer (1)
Team Careers360 24th Jan, 2024

Correct Answer: Sale of machinery of the book value of Rs.74,000 at a loss of Rs.9,000


Solution : Inflow of cash will be Rs.65000. i.e. 74000-9000 = 65000

Hence the correct answer is option 3.

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