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State whether conversion of debentures into equity shares by a financing company will result in inflow’, outflow’ or no flow’ of cash.

  • Post category:Accountancy
  • Reading time:1 mins read

SOLUTION

No Flow, because Cash is not affected.


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Previous PostWhile preparing a Cash Flow Statement, ‘Payment of bonus to the employees’ by an insurance company is which type of activity? (C.B.S.E. 2015)
Next PostState whether the payment of Cash to Trade Payables will result in inflow, outflow’ or no flow of Cash.

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