How sale of equipment Rs. (Book value Rs. ) should be shown in the cash flow statement?
- ACash inflow from investing activity Rs.
- BCash used for financing activity Rs.
- CCash inflow from investing activity Rs.
- DCash inflow from investing activity Rs.
Solution & Step-by-step Explanation
The actual cash realized from the sale of fixed assets is recorded as cash inflow from investing activities, regardless of the book value or loss incurred. Thus, it's an inflow of Rs. .