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
Answer (1)
20th Jan, 2024
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.
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