Economics · Cash Flow Statement
Match the specific corporate financial transactions in LIST-I with their respective classifications on the Cash Flow Statement according to Ind AS 7 in LIST-II: LIST-I (Transaction) A. Receiving cash from customers B. Purchasing new machinery C. Issuing debentures D. Proceeds from disposal of fixed assets LIST-II (Classification) I. Investing Activities II. Operating Activities III. Financing Activities Choose the correct answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A-I, B-II, C-III, D-I
- 2A-II, B-III, C-I, D-II
- 3A-II, B-I, C-III, D-I✓
- 4A-III, B-I, C-II, D-III
Correct answer
A-II, B-I, C-III, D-I
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