Skip to content
Swamonk EduCare
  • Toggle website search
Menu Close

Blog

  1. Home>
  2. Doubts>
  3. Accountancy

Mention the net amount of ‘Source’ or ‘Use’ of cash from the following: ‘Issue of shares for Rs. 16,00,000 against purchase of business comprising of Non-Current Assets Rs. 14,00,000, Current. Assets Rs. 4,00.000 and took over Current Liabilities at Rs. 2,00,000. (C.B.S.E. 2015).

  • Post category:Accountancy
  • Reading time:1 mins read

SOLUTION

NIL, No ‘Source’. No ‘Use’ of cash.


Please Share This Share this content

  • Opens in a new window Twitter
  • Opens in a new window Facebook
  • Opens in a new window Google+
  • Opens in a new window Pinterest
  • Opens in a new window LinkedIn
  • Opens in a new window Viber
  • Opens in a new window VK
  • Opens in a new window Reddit
  • Opens in a new window Tumblr
  • Opens in a new window Viadeo
  • Opens in a new window WhatsApp

Read more articles

Previous PostMention the net amount of ‘Source’ or ‘Use’ of cash when a fixed asset (having book value of Rs. 15,000) is sold at a loss of Rs. 5,000.
Next PostA company receives a dividend of Rs. 2 Lakhs on its investment in other company’s shares. Will it be cash inflow from operating or investing activities in case of a (i) Finance Company; (ii) Non-finance Company?

You Might Also Like

What is a share?

September 28, 2022

Why prepaid expenses are considered as Current assets?

October 3, 2022

Name any two items that can be disclosed under ‘Reserve and Surplus’.

September 30, 2022

Leave a Reply Cancel reply

You must be logged in to post a comment.

  • Address:94, Block A, New Industrial Town - 2, Faridabad, Haryana 121001
  • Contact:+91-8826447899Opens in your application
  • Email:care@swamonk.comOpens in your application
Terms of Use | Privacy Policy | Cookies Policy
© 2019-2022 Swamonk - All Rights Reserved
Close Menu