Classify the following activities as (1) Operating Activities, (2) Investing Activities, (3) Financing Activities (4) Cash Equivalents. Proceeds…
CA Intermediate · Advanced Accounting · RTP · January 2025
Classify the following activities as (1) Operating Activities, (2) Investing Activities, (3) Financing Activities (4) Cash Equivalents. Proceeds from long-term borrowings.Proceeds from Trade receivables.Trading Commission received.Redemption of Preference Shares.Proceeds from sale of investmentInterim Dividend paid on equity shares.Interest received on debentures held as investment.Dividend received on shares held as investments.Rent received on property held as investment.Dividend paid on Preference shares.Marketable Securities
Suggested Answer and Working Notes:
Operating Activities: b, c. Investing Activities: e, g, h, i. Financing Activities: a, d, f, j. Cash Equivalents: k
Topics: AS 3
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