If the amount of goodwill is Rs 40,000 at the beginning of a year and Rs 48,000 at the end of that year then while preparing cash flow statement its effect on cash flow will be :

Options

A. Cash used (Payment) in Investing Activities Rs 8,000
B. Cash received from operating activities Rs 8,000
C. Cash used (Payment) from financial activities Rs 8,000
D. Cash used (Payment) from financial activeities Rs 2,00,000

Answer

A