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Accountancy · 2023 · 1 mark
CBSE 2023 · Region 2 · Set 1 · Q29
Interest of ₹ 3,000 received in cash on loans and advances will result in:
Interest of ₹ $\displaystyle 3{,}000$ received in cash on loans and advances will result in :
In case of a financial enterprise whose main business is lending and borrowing, 'interest paid' and 'interest received' are classified as :
Official answer
(a) → (B)
(b) → (A)
Marking-scheme solution
(b)
cash inflow from investing activities.
Or
Q. (B) In case of…………………………………………………………
Ans . (a) Operating Activities
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CBSE Class 12 Accountancy past-paper question from the 2023 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.