📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

Question

A company purchased land for ₹5,00,000 by issuing

shares instead of paying cash. How should this transaction be treated in the cash flow statement?

A Shown as a cash inflow in financing activities

B Not reported anywhere in the financial statements

C Disclosed as a non-cash transaction in the notes to accounts

D Shown as a cash outflow in investing activities

Practice Next

More Accounts Questions

What authority does the Supreme Court of India utilize to ensure laws and constitutional amendments adhere to fundamental principles?
Which of the following is not correct with reference to National Emergency?
Pankaj's initiative to protect tribal rights in Assam, Meghalaya, Tripura, and Mizoram is aligned with which schedule of the Indian Constitution?
Which of the following is not a constitutional body in India?
In the Constitution of India, where are the emergency provisions found?
The First Budget of Independent India was presented by
In 1939, who was elected as President of the INC party by defeating Pattabhi Sithaarmayya?
Which commission recommended reservations for the Other Backward Classes (OBCs)?
Which of the following provisions of the Constitution reveal the secular character of the Indian State?

1. Preamble

2. Directive Principle...
Which one of the following is not a correct statement with reference to the Constitution of India?

ask-question