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Classify the following activities as (i) Operating, (ii) Investing or (iii) Financing in case of a ‘Financial Enterprise’: (a) Proceeds from Sale of Investments; (b) Interest received on Debentures held as Investment

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

SOLUTION

(a) Operating, (b) Operating.


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Previous PostState whether depreciation charged by a Company will result in inflow, outflow or no flow of Cash.
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