SOLUTION
It will be taken as purchase of Patents of Rs. 50,000 and will be shown under Cash Flow from Investing Activities as an outflow of cash.
The Patents of X Ltd. increased from Rs. 3,00,000 in 2013-14 to Rs. 3,50,000 in 2014-15. What will be its treatment while preparing Cash Flow Statement for the year ended 31st March 2015?
- Post category:Accountancy
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