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Question
Answer the following question:
X Ltd. redeemed ₹ 1,00,000, 9% debentures at 10% premium. What will be the amount of 'Cash Flows from financing activities'?
Short/Brief Note
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Solution
Cash outflow from financing activities will be ₹ 1,10,000 where,
Debentures redeemed = ₹ 1,00,000
Premium on redemption = ₹ 10,000 (10% of ₹ 1,00,000)
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