Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following transactions will result into flow of cash? A B C D Cash withdrawn from bank Rs71, 000. Issue of 9%

 

Which of the following transactions will result into flow of cash? A B C D Cash withdrawn from bank Rs71, 000. Issue of 9% debentures of Rs1, 00, 000 to the vendors of machinery. Received from debtors Rs74, 000 Redeemed 10% debentures by converting the same into equity shares.

Step by Step Solution

3.52 Rating (159 Votes )

There are 3 Steps involved in it

Step: 1

Correct option is C Amount received from debtors Rs74000 will be received in ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

College Mathematics for Business Economics Life Sciences and Social Sciences

Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen

12th edition

321614003, 978-0321614001

More Books

Students also viewed these Accounting questions

Question

Alcohol and drug use among student athletes

Answered: 1 week ago