If a machine whose original cost is Rs 40,000 having accumulated depreciation Rs 12,000 were sold for Rs 34,000 then while preparing Cash Flow Statement its effect on cash flow will be :A. Cash flow from financing activities Rs 34,000B. Cash flow from financing activities Rs 6,000C. Cash flow from financing activities Rs 34,000D. Cash flow from financing activities Rs 6,0000

If a machine whose original cost is Rs 40,000 having accumulated depre

1.	If a machine whose original cost is Rs 40,000 having accumulated depreciation Rs 12,000 were sold for Rs 34,000 then while preparing Cash Flow Statement its effect on cash flow will be :A. Cash flow from financing activities Rs 34,000B. Cash flow from financing activities Rs 6,000C. Cash flow from financing activities Rs 34,000D. Cash flow from financing activities Rs 6,0000
Answer» Correct Answer - C

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