Will ‘acquisition of machinery by issue of equity shares’ be considered while preparing ‘Cash Flow Statement’? Give reason in support of your answer.

Will ‘acquisition of machinery by issue of equity shares’ be considered while preparing ‘Cash Flow Statement’? Give reason in support of your answer.

Post category:Accountancy
Reading time:1 mins read

SOLUTION

It will not be considered while preparing cash flow statement because there is no flow of cash.

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