Question
Accountancy Question on Debentures
From the following Particulars, calculate cash flow from investing activities :-
A plot of land been purchased for investment purpose and was let out for commercial use and rent received ₹ 30,000.
Interest paid on debentures ₹ 60,000
Purchase of Plant ₹ 4,40,000
Goodwill written off ₹ 20,000
Sale of Land ₹ 5,00,000
A
₹ 70,000
B
₹ 1,50,000
C
₹ 30,000
D
₹ 90,000
Answer
₹ 90,000
Explanation
Solution
The correct option is (D) :₹ 90,000.