How will the transactions be recorded

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Problem - How will the following transactions be recorded while presenting cash flow from investing activities?

a. Asset with an original cost of '12 million and accumulated depreciation 01 '9.5 million is sold for '1 million in cash.

b. Amount spent on construction 01 a factory building during the year is '30 million.

c. Machinery bought for '10 million. Consideration paid by issuing one million equity shares of '10 each.

d. Investment made in short-term investments (considered as cash equivalents) amounting to '2 million.

e. Loans given by ABC Finance Limited engaged in the business of lending amounting to '120 million.

f. Interest received on these loans amounted to '13.5 million.

Reference no: EM132668616

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