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Commerce · Q926

Costing

Graduate and Post Graduate · Commerce · question 926

Q926

Study the following transactions I. Raising of short-term loans II. Goods purchased for cash III. Payment of bonus in the form of shares IV. Issue of shares in lieu of raw materials The flow of funds is

A.
I, II, III and IV
B.
II, III and IV
Answer
C.
III and IV
D.
Only IV

Answer: Option B

Solution

Answer: Option B
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