According to AS-3, cash proceeds from issue of share is: Option 1: operating activity Option 2: financing activity Option 3: investing activity Option 4: None of the above

The answer is 'financing activity'. View full solution:

CUET Accountancy - According to AS-3, cash proceeds from issue of share is: | PYQs + Solutions

CUET Accountancy 2022 8 Aug Shift 2

Financial Statements

Easy

operating activity

financing activity

investing activity

None of the above

✅ Correct Option: 2

Related questions:

24 May Shift 1

Cash advances and loans made by financial enterprises are usually classified as ___________ activity.

30 Aug Shift 2

Sale of copy rights are considered as a part of

14 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Operating activity	(I) Bank
(B) Investing activity	(II) Redemption of preference shares
(C) Financing activity	(III) Purchase of machinery
(D) Cash equivalents	(IV) Cash receipt from trade receivables.

Choose the correct answer from the options given below: