Identify the cash transaction from the following : Option 1: Purchase of machinery by issue of preference shares Option 2: Redemption of Debentures by issuing equity shares Option 3: Issue of Debentures as collateral security Option 4: Purchase of land by taking loan

The answer is 'Purchase of land by taking loan'. View full solution:

CUET Accountancy - Identify the cash transaction from the following : | PYQs + Solutions

CUET Accountancy 2023 28 May Shift 1

Financial Statements

Medium

Purchase of machinery by issue of preference shares

Redemption of Debentures by issuing equity shares

Issue of Debentures as collateral security

Purchase of land by taking loan

✅ Correct Option: 4

Related questions:

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:

15 July Shift 2

Match List I with List II

List I	List II
A. Operating Activities	I. Issue of shares
B. Investing Activities	II. Bank Balance
C. Financing Activities	III. Sale and purchase of goods and services
D. Cash and cash equivalent	IV. Buying of fixed assets

Choose the correct answer from the options given below:

29 May Shift 2

Capital gain tax paid on sale of fixed assets should be classified as _______