The following transaction has been extracted from the annual accounts of a retail chain store. Identify these
Question:
The following transaction has been extracted from the annual accounts of a retail chain store. Identify these as items of fund flow and cast their effect also.
(i) Purchased machinery for cash ₹2,50,000.
(ii) Purchased furniture of ₹80,000 on two month-credit.
(iii) Long-term debenture of ₹5,00,000 are due for redemption during next year.
(iv) Issue of equity shares of face value ₹1,00,000 at 20% premium in cash.
(v) Issue of bonus shares by capitalization of reserves ₹2,00,000
(vi) Issued debentures of ₹3,00,000 to the vendors of building.
(vii) Dividend paid for the year ₹20,000.
(viii) Paid ₹75,000 cash to sundry creditors.
(ix) Tax paid for the year ₹25,000.
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