If debentures are converted integralo equity shares, it is a... | Accountancy | SolveeIt | Solveeit

Today, August 24

Question

If debentures are converted into equity shares, it is a/an :

A

Inflow of cash

B

No flow of cash

C

Outflow of cash

D

Cash and Cash equivalents

Answer

Cash and Cash equivalents

Explanation

Solution

The correct option is (D): Cash and Cash equivalents