Management Accounting Test Questions
Q. Debentures are Rs 2,50,000 and Rs 3,50,000 in the balance sheet of 2013 and 2014. 1000 of the debentures of Rs 100 each were issued at per in 2014 of which 400 debentures were issued to a supplier for the purchase of a machine. Determine amount of issue for debentures for the purpose of funds flow statement.
a. Rs 60,000
b. Rs 40,000
c. Rs 10,000
d. None of the above
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