In case of non-financing company, which of the following transaction is not shown under financial…
For a non-financing company, repayment of bank loan, dividend paid, and proceeds from issue of shares are Financing Activities, whereas 'Purchase of shares of another…
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In case of non-financing company, which of the following transaction is not shown under financial activity?
Answer and explanation
Correct answer B
For a non-financing company, repayment of bank loan, dividend paid, and proceeds from issue of shares are Financing Activities, whereas 'Purchase of shares of another company' is an Investing Activity.
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