Question
GB Ltd is preparing its Cash Flow Statement. Which of
the following will be recorded under the investing activity?Solution
Investing activities involve acquisition or disposal of long-term assets. Sale of a machine will be recorded under investing activities, reflecting the cash inflow from investment done for business operations.
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Recently Union Minister for Finance and Corporate Affairs Nirmala Sitharaman dedicated to the nation, “Dharohar” - the National Museum of Cu...
