As per AS-3 (Revised), financing activities are those that result in changes in the size and composition of owners' capital and borrowings. Issue of shares brings in owners' capital, so cash proceeds from issue of shares are classified as a financing activity.
According to AS-3, cash proceeds from issue of share is:
CUET UG 2022 — Accountancy Financial Statements
2022mcqeasy
According to AS-3, cash proceeds from issue of share is:
Official previous-year question
Held on 8 Aug 2022 · Verified 13 Jul 2026.
Options
- A
operating activity
- B
financing activity
- C
investing activity
- D
None of the above
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