Which of the following is the source of cash?

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RRB Paper · Accepted Answer

The sale of goods costing ?10,000 for ?8,000 is the source of cash.

Any receipt by way of the sale of fixed assets is a capital receipt, but the difference (Sale - Book value) of 2,000 is treated as profit on sale and is to be transferred to the Profit and Loss Account.

Which of the following is the source of cash?

cash deposited into bank

cash was withdrawn from bank

sale of goods costing ?10

000 for ?8

000

sale of marketable securities for cash

The correct answer is `No. 3: sale of goods costing ?10`

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Which of the following is the source of cash?

cash deposited into bank

cash was withdrawn from bank

sale of goods costing ?10

000 for ?8

000

sale of marketable securities for cash

The correct answer is No. 3: sale of goods costing ?10

The correct answer is `No. 3: sale of goods costing ?10`