alleryStart learning →Plant with book value Rs 55 lakh sold for Rs 40 lakh cash. Investing inflow?
ARs 40 lakh
BRs 55 lakh
CRs 15 lakh
DRs 95 lakh
Answer & Solution
Correct answer: A. Rs 40 lakh
Only the cash received counts, so the investing inflow is Rs 40 lakh; the Rs 15 lakh loss is non-cash.
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