Question
Accountancy Question on Statement of Changes in Financial Position
| Match List-I with List-IIList-I (Items of cash flow) | List-II (Type of activity) |
|---|---|
| (A) Purchase of tangible assets | (I) Operating activity |
| (B) Issue of shares | (II) Cash and cash equivalents |
| (C) Increase in current assets | (III) Investing activity |
| (D) Marketable securities | (IV) Financing activity |
Choose the correct answer from the options given below:
A
(A) - (I), (B) - (II), (C) - (III), (D) - (IV)
B
(A) - (III), (B) - (IV), (C) - (I), (D) - (II)
C
(A) - (IV), (B) - (III), (C) - (I), (D) - (II)
D
(A) - (I), (B) - (IV), (C) - (II), (D) - (III)
Answer
(A) - (I), (B) - (IV), (C) - (II), (D) - (III)
Explanation
Solution
Purchase of tangible assets is an operating activity, issue of shares is a financing activity, and marketable securities are classified under investing activities.
Hence, the correct answer is Option 4.