Question

A company repaid a long-term loan of ₹3,00,000 during the year. How is this reported in the cash flow statement?

A ₹3,00,000 outflow investing activities
B ₹3,00,000 inflow financing activities
C ₹3,00,000 outflow financing activities
D ₹3,00,000 outflow operating activities
E No effect
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