State with reason whether ‘Discount received on making payment to suppliers’ would result into inflow, outflow or no flow of cash. Post category:Accountancy Reading time:1 mins read SOLUTION No flow. It does not involve 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 PostState with reason whether ‘Old furniture written off would result into inflow / outflow or no flow of cash. Next PostWhy is separate disclosure of cash flow from investing activities important while preparing Cash Flow Statement? (C.B.S.E. 2016) You Might Also Like Define Trade Payables. September 30, 2022 What is meant by ‘Reconstitution of a Partnership Firm’? (Delhi and Al 2014) October 7, 2022 Calculate Inventory Turnover Ratio from the following information: Opening Inventory Rs. 40,000; Purchases Rs. 3,20,000; and Closing Inventory Rs. 1,20,000. State, giving reason, which of the following transactions would (i) increase, (ii) decrease, (iii) neither increase nor decrease the Inventory Turnover Ratio: (a) Sale of goods for Rs. 40,000 (Cost Rs. 32,000). (b) increase in the value of Closing Inventory by Rs. 40,000. (c) Goods purchased for Rs. 80,000. (d) Purchases Return Rs. 20,000. (e) goods costing Rs. 10,000 withdrawn for personal use. (f) Goods costing Rs. 20,000 distributed as free samples. August 13, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.