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Cash flow statement
Can someone plz tell me the treatment of the following adjustment in cash flow statement and fund flow statement?? The assets of another co. Were purchased for rs. 60000 payable in fully paid shares of the co. These assets consisted of stock rs. 21640, machinery rs. 18360 and goodwill rs. 20000. Balance sheet showed the following items:- Share capital 200000. 260000 Goodwill. ----- 20000 Machinery. 112950. 116200....plz reply soon..thanx in advance....:)
Replies (2)
Just only one effect in operating activity. Write increase in stock of rs. 21640 if you are following indirect method.
There is no effect of share cap, goodwill and machinary becoz not aquired by cash
Thanx a lot for ur prompt reply...
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