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Select the appropriate answer from the alternatives given below & rewrite the completed statementCash proceeds from issue of debentures is __________.OptionsFinancial activityNon financial activityOperating activityTrading activity |
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Answer» Cash proceeds from issue of debentures is financial activity. Explanation: Cash proceeds from issue of debentures are classified as financial activity for the business, as it relates to arrangement of funds for the business. |
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