Conversion of debentures into equity shares is a non-cash transaction. No actual cash flows in or out of the business; it is merely an exchange of one liability/capital instrument for another. Hence it results in no flow of cash.
CUET UG 2022 — Accountancy Financial Statements
If debentures are converted into equity shares, it is a/an : _____
Held on 30 Aug 2022 · Verified 13 Jul 2026.
Inflow of cash
No flow of cash
Outflow of cash
Cash and Cash equivalents
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Profit before interest and tax-
Match List-I with List-II | List-I | List-II | |---|---| | (A) SHAREHOLDERS FUND | (I) Non-current investments | | (B) CURRENT LIABILITIES | (II) Reserves and Surplus | | (C) CURRENT ASSET | (III) Trade Payables | | (D) FIXED ASSET | (IV) Inventories | Choose the correct answer from the options given below:
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Work through every CUET UG Financial Statements PYQ, year by year.