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Debentures are Rs 2,50,000 and Rs 3,50,000 in the balance sheet of 2013 and 2014. 1000 of the debentures of Rs 100 each were issued at par in 2014 of which 400 debentures were issued to a supplier for the purchase of a machine. Determine amount of issue for debentures for the purpose of funds flow statement.
Rs 10,000
Rs 60,000
Rs 40,000
d) None of the above
GIVEN: Debentures are Rs 2,50,000 and Rs 3,50,000 in the balance sheet of 2013 and 2014. 1000 of the debentures of Rs 100 each were issued at par in 2014 of which 400 debentures were issued to a supplier for the purchase of a machine.
Debentures(2013) =Rs 2,50,000
Debentures(2014) =Rs 3,50,000
Rs. 1,00,000
Amount of issue for debentures for the purpose of funds flow statement
1000 debentures of Rs 100 each issued at par in 2014 = Rs. 1,00,000
LESS: 400 debentures of Rs. 100 each = Rs. 40,000
BALANCE 600 debentures of 100 each = Rs. 60,000
By: SWAPNIL AGGARWAL ProfileResourcesReport error
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