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P2 C6 CASH FLOW STATEMENT — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountP2 C6 CASH FLOW STATEMENT1 Mark
Question
What is financing activities?
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Answer

Financing activities are such activities due to which size and/or composition of owners capital and borrowed capital of business get changed. Financing activities have relation with increase of decrease of equity share capital, preference share capital, debentures, loan etc.

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