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Accountancy · 2024 · 1 mark
CBSE 2024 · Region 2 · Set 2 · Q30
Statement I : Issue of Debentures will result in inflow of cash. Statement II : Issue of Debentures to the vendors for purchase of machinery will result in outflow of cash. Choose the correct option from the following :ORWhat will be effect of 'Purchase of Marketable Securities for Cash' on Cash Flow Statement ?
OR
What will be effect of 'Purchase of Marketable Securities for Cash' on Cash Flow Statement ?Official answer
From CBSE’s own marking scheme for this paper.
(a) → (C)
(b) → (A)
Marking-scheme solution
(C)
Statement I is correct and Statement II is incorrect.
Q. (ii) What will be effect of ...........................................
Ans. (A) No effect
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CBSE Class 12 Accountancy past-paper question from the 2024board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.