State whether the following transactions will result in inflow, outflow or no flow of cash while preparing cash flow statement:
(i) Decrease in outstanding employees benefits by ₹3000
(ii) Increase in Current Investment by ₹ 6,000.
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Identify the transactions as belonging to(i ) Operating Activities, (i) investing Activities, (iii) Financing Activities and (v) Cash and Cash Equival
Correct Answer - Operating Activities :(a),(b),(c),(d),(k),(o),(q),(r); Investing Activities (e),(i),(n) ,(p) ; financing Activities : (g),(h),(j),(I),(m); Cash and Cash Equivalents : (f).
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State which of the following would result in inflow or outflow or no flow of Cash and Cash Equivalenes (a) Sale of Fixed Assets, Book Value ₹1,00,000
Correct Answer - Inflow ;(a), (b); Outflow:(c),(g); No flow: (d),(e), (f),(h).
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For each of the following transactions, calculate the resulting Cash Flow and state the nature of Cash Fiow, ie., whether it is Operating, Investing o
Correct Answer - (a) ₹50,000: Investing Activity-Outflow; (b) ₹2,00,000 Investing Activity-Outflow (c ) ₹ 60,000; Investing Activity-inflow
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Water inflow means 1) Precipitation 2) Surface flow 3) Underground flow
Correct option is D) 1,2,3
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In an electric circuit, state the relationship between the flow of conventional current and flow of electrons
In an electric circuit the direction of flow of electrons is opposite to the direction of flow of current . The direction of flow of current is considered to be...
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State whether the following accounts will show debit or credit balance : `{:("(i) Purchases Accounts","(ii) Cash"),("(iii)Capital","(iv) Salary"),("(v
Correct Answer - Debit balances : - (i), (ii), (iv), (vi), (vii), (viii).
2 Answers 1 views
In which Column (Plus of Minus) you will write the following while preparing Bank Reconciliation Statement from the Cash Book overdraft balance ? (i)
Correct Answer - (i) Plus (ii) Minus (iii) Minus (iv) Plus.
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In which Column (Plus of Minus) you will weite the following while preparing Bank Reconciliatio. Statement From the Cash Book overdraft balance. (i) C
Correct Answer - (i) Minus (ii) Minus (iii) minus (iv) Plus.
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The balance of cash at bank as shown by the Cash Book of Pan & Pan Co. on 31st December,m 2016, was ₹7,500. On checking the entries in the Cash Book w
Correct Answer - Cr. Balance as per Pass Book ₹9,015.
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Dividend received by other than financial enterprise is shown in Cash Flow Statement under:
Correct Answer - B Investing activities.
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