CUET Accountancy 2023 29 May Shift 2 PYQs

Which combination of the following activities are financing activities-

(A) Proceeds from issue of equity share capital.

(B) Purchase of goodwill.

(C) Proceeds from long-term borrowings.

(D) Interim dividend paid on equity shares.

Choose the correct answer from the options given below:

Following items are categorised under Operating Activities:

A. Purchase of Goodwill

B. Transfer to General Reserve

C. Issue of fresh shares

D. Gain on sale of machinery

Choose the correct answer from the options given below:

Separate disclosure of cash flow arising from Financial Activities is important because