1.

Identify out of the following transactions that are classified as Investing Activity: Cash proceeds from sale of fixed asset Cash paid for purchase of stock-in-trade Repayment of loan taken Debentures purchased Loan advanced Purchase of Patents

Answer»

Identify out of the following transactions that are classified as Investing Activity:

  1. Cash proceeds from sale of fixed asset
  2. Cash paid for purchase of stock-in-trade
  3. Repayment of loan taken
  4. Debentures purchased
  5. Loan advanced
  6. Purchase of Patents


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