Mention the net amount of ‘Source’ or ‘Use’ of cash when a fixed asset having book value of ₹15,000 is sold at a loss of ₹5,000.
(A) Use ₹5,000
(B) Source ₹10,000
(C) Use ₹15,000
(D) Source ₹15,000
Answer: B
Also Read:
- Cash flow statement is prepared for financial planning of
- Which of the following is source of cash?
- Which of the following is not source of cash?
- Which of the following is not application of cash?
- Cash from operating activities consists of:
- While calculating operating profit which will be added to net profit:
- While calculating operating profit which will be added to net profit
- While calculating cash flow from operating activities which will be deducted:
- While calculating cash flow from operating activities which will be added :
- Cash from Operating activities will decrease due to :
