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This question belongs to Commerce Accounting
Accounting
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A company purchased the following assets and paid through 1,00,000 fully paid equity shares of Rs. 10 at a premium of Rs. 2:
Building = Rs. 5,00,000
Machinery = Rs. 4,00,000
Stock in trade = Rs. 1,00,000
In the context of funds flow statement, this transaction will result in:

Answer & Solution
Correct Answer: Option C
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