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if 6% pref. share capital Rs 2,00,000 we...

if 6% pref. share capital Rs 2,00,000 were redeemed at a premium of 5%, while preparing Cash Flow Statement its effect on cahs flow will be:

A

Cash used from financing activities Rs2,12,000

B

Cash received from financing activities Rs 2,12,000

C

Cash used (Payment) from financial activities Rs 2,10,000

D

Cash used (Payment) from financial activeities Rs 2,00,000

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The correct Answer is:
C
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From the following extracts of Balance sheets of Exe Ltd calculates Cash Flow form Financing Activities: Additional Infromation: 1. Equity Share were issued on 31st March , 2019. 2.Interim dividend on Equity Share was paid @ 15%. 3. Perfernce Shares were redeemed on 31st March, 2019 at a permium of 5% .Permium paid was debited to Statement of Profit and Loss. 4. 12% Debture of face value ₹ 1,00,000 were issued on 31st March,2019.

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