If 6% Pref. share capital 2,00,000 were redeemed at a premium of 5%, – McqOptions

MCQOPTIONS

1.	If 6% Pref. share capital 2,00,000 were redeemed at a premium of 5%, while preparing Cash Flow Statement its effect on cash flow will be :
A.	cash used from financing activities 2,12,000
B.	cash received from financing activities 2,12,000
C.	cash used (payment) from financial activities 2,10,000
D.	cash used (payment) from financial activities 2,00,000
Answer» D. cash used (payment) from financial activities 2,00,000

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