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Following are the Balance Sheets of Mevanca Limited as at 31st Marach, 2014 and 2013. (i) Additional loan was taken on 1st July , 2016. (ii) Tax of ₹

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Following are the Balance Sheets of Mevanca Limited as at 31st Marach, 2014 and 2013.
image
(i) Additional loan was taken on 1st July , 2016.
(ii) Tax of ₹ 53,000 was paid during the year.
Prepare Cash Flow Statement .
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Correct Answer - Cash Used in Operating Activities = ₹ 67,500; Cash Used in Investing Activities = ₹ 1,69,000; Cash Flow From Financing Activities= ₹ 2,12,500; Net Decrease in Cash and Cash Equivalents = ₹ 24,000.
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