After repayment on 1 April, loan becomes 1,00,000. To reach 2,60,000, fresh loan of 1,60,000 taken on 31 March.
Interest = 10 percent on 1,00,000 for one year = 10,000.
Financing CF = 1,60,000 inflow minus 1,00,000 repayment minus 10,000 interest = Rs. 50,000 inflow.
From the following information of X Ltd, calculate Cash Flow from Financing Activities. | | April 1, 2021 | March 31, 2022 | |---|---|---| |…
CUET UG 2022 — Accountancy Financial Statements
From the following information of X Ltd, calculate Cash Flow from Financing Activities.
| April 1, 2021 | March 31, 2022 | |
|---|---|---|
| Long-term Loan | 2,00,000 | 2,60,000 |
During the year, the company repaid a loan of Rs. 1,00,000. Long-term loan carried interest rate of 10%. The loan was repaid on 1st April 2021 and a fresh loan was taken on 31st March 2022.
Held on 23 Aug 2022 · Verified 13 Jul 2026.
Options
- A
Rs. 50,000 outflow
- B
Rs. 60,000 inflow
- C
Rs. 50,000 inflow
- D
Rs. 1,60,000 inflow
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