If the amount of goodwill is ₹40,000 at the beginning of a year and – McqOptions

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1.	If the amount of goodwill is ₹40,000 at the beginning of a year and ₹48,000 at the end of that year thenwhile preparing cash flow statement its effect on cash flow will be :
A.	cash used (payment) in investing activities ₹8,000
B.	cash received from operating activities ₹8,000
C.	cash used (payment) from operating activities ₹8,000
D.	cash used (payment) from financial activities ₹8,000
Answer» B. cash received from operating activities ₹8,000

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