Question 3 Chapter 15 of Class 12 Part – 2 – 2024

Question 3 Chapter 15 of Class 12 Part – 2 – 2024

3. (Identification of Inflow & Outflow of Transactions) State which of the following would result in inflow/outflow/no effect on cash in each of the following cases.
(a) Cash deposited into bank
(b) Dividend declared by the company
(c) Dividend received by the finance company
(d) Interest on Long term debts paid
(e) Payment of cash to creditors
(f) Bonus shares (fully paid up) issued
(g) Machinery purchased, payment made partly in cash and partly by issue of shares
(h) Receipts from loans and advances
(i) Marketable securities sold for cash
(j) Commission paid to agents
(k) Refund of tax

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