Cash flow statement


This query is : Open 

(Querist)
07 August 2017 Can anyone please explain this Fully paid 8% preference shares of face value of Rs. 10,00,000 were redeemed at a premium of 3%.In this connection 60,000 equity shares of Rs. 10 each were issued at premium of Rs. 2 per share. The entire money being received with applications.

07 August 2017 Cash Flow from financing Activity

07 August 2017 Yes. Both redemption and fresh issue should be shown under Cash flow from financing activities

Tushar (Querist)
07 August 2017 Whether preference shares are redeemed by issuing equity shares or both are different (Since it is written in question that "In this connection")


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