Question : J and K Bank Ltd. issued 2,00,000, 9% All of these Debentures were issued and fully subscribed. The amount of the receipt will be shown as
Option 1: Operating activity
Option 2: investing activity
Option 3: Financing activity
Option 4: General activity
Correct Answer: Operating activity
Solution : Answer = Operating activities
Because JK bank (Finance Company )issued debentures is an operating activity of the Finance company. Hence, the correct option is 1.
Question : IDFC Bank Ltd. issued 1,00,000, 9% Debentures of Rs.100 each for subscription. The issue was subscribed. The amount of receipt will be shown as __________.
Question : Kunal Ltd under which activity will the amount of interest paid on a debentures settled in the current year be shown?
Question : Royal Ltd is a financing company. Under which activity will the amount of interest paid on a loan settled in the current year be shown?
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