Only actual cash received on sale of a fixed asset is shown under investing activities. Here cash received is Rs. 90,000, which is the cash inflow from investing activity. The loss of Rs. 10,000 (book value minus sale price) is a non-cash item and is added back to net profit while computing cash from operating activities.
How sale of equipment Rs. 90,000 (Book value Rs. 1,00,000) should be shown in the cash flow statement?
CUET UG 2022 — Accountancy Financial Statements
2022mcqmedium
How sale of equipment Rs. 90,000 (Book value Rs. 1,00,000) should be shown in the cash flow statement?
Official previous-year question
Held on 8 Aug 2022 · Verified 13 Jul 2026.
Options
- A
Cash inflow from investing activity Rs. 1,00,000
- B
Cash used for financing activity Rs. 1,00,000
- C
Cash inflow from investing activity Rs. 90,000
- D
Cash inflow from investing activity Rs. 10,000
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