From the following particulars of Bharat Gas Limited, calculate Cash Flows from Investing Activities. Also show the workings clearly preparing the ledger accounts
(a) Patents were written-off to the extent of Rs 40,000 and some Patents
were sold at a profit of Rs 20,000.
(b) A Machine costing Rs 1,40,000 (Depreciation provided thereon
Rs 60,000) was sold for Rs 50,000. Depreciation charged during the year
was Rs 1,40,000.
(c) On March 31, 2016, 10% Investments were purchased for Rs 1,80,000
and some Investments were sold at a profit of Rs 20,000. Interest on
Investment was received on March 31, 2017.
(d) Amartax Ltd., paid Dividend @ 10% on its shares.
(e) A plot of Land had been purchased
for investment purposes and let out for commercial use and rent received Rs 30,000.
