Question

Plant purchased for ₹6,00,000. Depreciation for year = ₹1,00,000. Closing balance of Plant = ₹10,00,000. Opening balance was ₹5,00,000. Calculate Cash outflow for plant purchase.

A ₹6,00,000
B ₹7,00,000
C ₹8,00,000
D ₹10,00,000
E ₹9,00,000
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