HomeTestsSearchRankProfile
mediumMCQCUET Accountancy 2023 29 May Shift 22026Accountancy
1 mark

Find out cash from Financing Activities from the following information:ItemAmountIssue of Equity Shares Redemption of Preference Shares Interim Dividend Paid Interest on Debentures Issue of Debentures Choose the correct answer from the options given below:

  1. A
    Inflow
  2. B
    Outflow
  3. C
    Inflow
  4. D
    Outflow

Solution & Step-by-step Explanation

Let's calculate cash flows arising strictly out of Financing Activities:Add: Issue of Equity Shares (Inflow) Less: Redemption of Preference Shares (Outflow) Less: Interim Dividend Paid (Outflow) Less: Interest on Debentures (Outflow) Add: Issue of Debentures (Inflow) Net Cash Calculation:

Practice this question

Try it yourself before checking the explanation above.

Find out cash from Financing Activities from the following information:ItemAmountIssue of Equity Shares Redemption of Preference Shares Interim Dividend Paid Interest on Debentures Issue of Debentures Choose the correct answer from the options given below:
A
Inflow
B
Outflow
C
Inflow
D
Outflow

Share This Question

Related Questions

Ready for a Full Test?

Practice with timed mock tests and track your performance across Accountancy.

Discussion