1.

State which fo the following would result in inflow/outflow of Cash or Cash Equivalents: (i) Sale of a fixed asset (book value Rs. 15,000) at a loss of Rs. 5,000 (ii) Cash received from Trade Receivables Rs. 9,000 and allowed discount Rs. 1,000. (iii) Cash paid to Trade Payables. (iv) Shares issued for Cash. (v) Buy- back of Equity Shares.

Answer»

State which fo the following would result in inflow/outflow of Cash or Cash Equivalents:
(i) Sale of a fixed asset (book value Rs. 15,000) at a loss of Rs. 5,000
(ii) Cash received from Trade Receivables Rs. 9,000 and allowed discount Rs. 1,000.
(iii) Cash paid to Trade Payables.
(iv) Shares issued for Cash.
(v) Buy- back of Equity Shares.



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