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Accountancy · 2024 · 1 mark
CBSE 2024 · Region 2 · Set 2 · Q27
'Paid ₹ 5,00,000 to acquire shares in Neligare Industries and received a dividend of ₹ 30,000 after acquisition. ' This transaction w ill result in:
'Paid ₹ $\displaystyle 5,00,000$ to acquire shares in Neligare Industries and received a dividend of ₹ $\displaystyle 30,000$ after acquisition. ' This transaction w ill result in :
Official answer
(D)
Cash outflow from investing activities ₹ $\displaystyle 4,70,000$
Marking-scheme solution
(D)
Cash outflow from investing activities ₹$\displaystyle 4,70,000$
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CBSE Class 12 Accountancy past-paper question from the 2024 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.