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which of the following transaction shows flow of funds?
sale of marketable investments
conversion of debentures into shares
raising of short term loans
issue of shares against purchase of stock in trade
issue of shares against purchase of stock in trade shows flow of funds.
stock in trade A/c dr. (current asset)
To share capital (non-current liability)
as one of the a/c involved is a current A/c and other is a non current A/c the transaction will result in flow of cash.
By: SWAPNIL AGGARWAL ProfileResourcesReport error
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