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If sale of fixed asset is 200,000 and issue of shares for cash is 200000 and purchase of fixed asset is 100000 find net cash |
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Answer» PROCEEDS from sale of FIXED ASSET = 2,00,000 + Proceeds from issue of shares = 2,00,000 - Payment for purchase of Fixed Asset = (1,00,000) NET Cash = 3,00,000 |
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