Multiple Choice Questions on Which of the following is source of cash ........ for UPSC EPFO Exam Preparation

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Multiple Choice Questions

Which of the following is source of cash ........

General Accounting Principles cash flow statement
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    Which of the following is source of cash?

    Cash deposited into Bank

    Incorrect Answer

    Cash withdrawn from Bank

    Incorrect Answer

    Sale of Goods costing Rs 10,000 for Rs 8,000

    Correct Answer

    Sale of marketable securities for cash

    Incorrect Answer
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    Explanation:

    Sale of Goods costing Rs 10,000 for Rs 8,000


    Sales are the main source of inflow of funds into the business as they increase current assets (cash, debtors or bills receivable) but at the same time funds flow out of business for expenses and cost of goods sold.

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    Let's Discuss

    ARUN KUMAR

    what about sale of marketable securities ?

    0 0 reply

    NIHARIKA WALIA

    Marketable securities are a form of cash & cash equivalent so there is no change in it

     0 0 reply

    ARUN KUMAR

    explain ans more elaborately.

    0 0 reply

    SAMEER KUMAR

    here, why option (d) is wrong "sale of marketable securities for cash" . ?

    0 0 reply
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