The company XYZ purchased an asset for Rs. 40,000 paying 30,000 in cash and issuing a long term note payable for remaining balance. The amount will be recorded in statement of cash flows as:
Select correct option:
Rs. 10,000 as investing activity
Rs. 30,000 as investing activity
Rs. 40,000 as investing activity
Rs. 70,000 as investing activity
--
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*Balsam*
--
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Select correct option:
Rs. 10,000 as investing activity
Rs. 30,000 as investing activity
Rs. 40,000 as investing activity
Rs. 70,000 as investing activity
--
Regards
*Balsam*
--
We say, "Be one as Pakistani Nation and grow up for Pakistan's Future". Wish you all the best.
Please visit www.vuaskari.com, get registered for old papers, quiz, assignments and GDBs...
You received this message because you are subscribed to the Google
Groups "VU ASKARI" group.
To post to this group, send email to askarivu@googlegroups.com
For more options, visit this group at
http://groups.google.com/group/askarivu?hl=en?hl=en
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