![]() Depreciations charged during the year was Rs 1,40,000. 1,40,000 (depreciation provided thereon Rs. 40,000 and some patents were sold at a profit of Rs. (a) Patents were written-off to the extent of Rs. From the following particulars Bharat Gas Limited, calculate cash flows from investing activities. JEE Main 2022 Question Paper Live Discussion.Difference Between Selling And Marketing.There was a profit of 50,000 on assets sold, which was transferred to the statement of profit and loss account. The depreciation expense is used to reduce the value of the net balance and it flows to the income statement as an expense. ![]() ![]() arrived at a net income of 5, 00,000 for the year ended March 31, 2017. Depreciation reduces the value of property, plant, and equipment on the balance sheet as the value of assets is lowered over time due to wear and tear and the reduction of their useful life. TS Grewal Solutions Class 11 Accountancy Numerical Questions for NCERT Solutions Accountancy Part 2 Class 12 Chapter 6.TS Grewal Solutions Class 12 Accountancy.The table at the top is a very simplified income statement, so the depreciation expenses would reduce your operating profit. CBSE Previous Year Question Papers Class 12 1 comment ( 57 votes) Upvote Flag Charles Ormiston 12 years ago I was momentarily taken aback as well, and then suddenly remembered that it was a cash flow statement, not and income statement I was looking at.CBSE Previous Year Question Papers Class 10.To Machinery A/c 37,500 By Depreciation A/c 21,000. NCERT Solutions For Class 6 Social Science So to calculate cash flows from operating activities, the value of amortization of.NCERT Solutions for Class 7 Social Science.This transaction has no effect on cash and. NCERT Solutions for Class 8 Social Science The journal entry to record depreciation debits an expense account and credits an accumulated depreciation account.
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