[ISC] Q. 1 Cash Flow Statement Solution TS Grewal Class 12 (2023-24)

Solution of Question number 1 of the Cash Flow Statement of TS Grewal Book 2023-24 session ISC Board?

State which of the following transactions are classified or shown as Operating Activity:

(i) Cash Paid to Creditors

(ii) Cash received from Debtors

(iii) Interest on Bank Loan

(iv) Rent received

(v) Selling and Distribution Expenses

(vi) Purchase of Building

(vii) Wages and Salaries

(viii) Dividend Paid

Solution:-

(i), (ii), (v), and (vii) are operating activities as these are the principle operating revenue-producing activities of the firm.

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