Back to questions
JANUARY 2025Inter

The following summary cash account has been extracted from the Nextspace Limited's accounting records: Particulars₹ Cash Balance as on 01-04-202372,000 Cash Sales15,56,000 Trade Receivable7,40,000 Rent from Property held as investment64,000 Income tax refund25,000 Loan from Bank5,00,000 Issue of Shares2,50,000 Sale of Investment49,500 31,84,500 Outflow of Cash Trade Payable19,60,000 Office and Selling Exp.1,20,000 Trade Commission40,500 Underwriting Commission25,000 Redemption of Preference shares8,00,000 Brokerage on Sale of Investment9,200 Interest on long term borrowings85,600 Payment for Overheads46,000 Purchases of Goodwill50,000 (31,36,300) Balance as on 31-03-241,20,200 Based on the information given in above Case Scenario, answer the following Question No. 11-14

Sub-questions (4)

question_11MCQ

What would be the value of Cash Flow from Operating Activities?

A

(A) ₹1,29,500

B

(B) ₹1,54,500

C

(C) ₹1,45,300

D

(D) ₹4,04,000

question_12MCQ

What would be the value of Cash Flow from Investing Activities?

A

(A) ₹54,300

B

(B) ₹1,04,300

C

(C) ₹29,300

D

(D) (₹500)

question_13MCQ

What would be the value of Cash Flow from Financing Activities?

A

(A) (₹50,000)

B

(B) (₹1,35,600)

C

(C) ₹54,300

D

(D) (₹1,60,600)

question_14MCQ

Which of the following would be considered as a 'Cash Flow item from an Investing Activities?

A

(A) Underwriting Commission

B

(B) Trade Commission

C

(C) Purchase of Goodwill

D

(D) Interest on Long Term Borrowings

january_2025_paper_1_advanced_accounting | Kartavvya