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Commerce · Q1531

Accounting

Graduate and Post Graduate · Commerce · question 1531

Q1531

Indicate the correct statement as regards the sources of funds for a Funds Flow Statement from the following: i. Increase in working capital ii. Decrease in working capital iii. Writing off the intangible/fictitious assets iv. Issuing equity shares for acquisition of a building for office v. Charging depreciation on fixed assets

A.
i, iii, iv
B.
ii, iii, v
Answer
C.
i, iv, v
D.
ii, iii, iv

Answer: Option B

Solution

Answer: Option B
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