As 3

Is it bcz equipment is classified in clash flow from investment activities nd not operating activities ?

Thread Starter

Lucky Ten

CA Inter

★ 0

30-Aug-24 12:59

Yes bro if equipment is being sold it would come under investing so in operating activities it's nil

sri vardhan nagulakonda

CMA Final

★ 2K+

30-Aug-24 15:38

Gain on sale of asset ₹8000 is written in operating activity, because it is reduced from net profit in operating activity. But how the answer become NIL?

Ajaykumar Parit

CA Inter

★ 815

31-Aug-24 20:21

Sale of an asset or an equipment will come under the Investment activity. It will not cover under the Operating Activity.So, the answer is nil.

Likith kumar Duganapalli

Moderator

02-Sep-24 09:19