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State with reason whether ‘Old furniture written off would result into inflow / outflow or no flow of cash.

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

SOLUTION

No flow. Old furniture written off does not involve cash. It is a non-cash item.


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Previous PostGive an example of the activity which remains financing activity for every enterprise. (C.B.S.E. 2020, Mumbai, Chennai)
Next PostState with reason whether ‘Discount received on making payment to suppliers’ would result into inflow, outflow or no flow of cash.

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