Q2675
A company purchased the following assets and paid through 1,00,000 fully paid equity shares of Rs. 10 at a premium of Rs. 2: Building = Rs. 5,00,000 Machinery = Rs. 4,00,000 Stock in trade = Rs. 1,00,000 In the context of funds flow statement, this transaction will result in:
A.
Funds in flow of Rs. 10,00,000
B.
Funds in flow of Rs. 12,00,000
C.
Funds in flow of Rs. 1,00,000
AnswerD.
Funds in flow of Rs. 9,00,000
Answer: Option C
Solution
Answer: Option C
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