In case of a financial enterprise, Interest received on Debentures held as Investment is ............

CS Executive · Corporate and Management Accounting · PYQS · December 2020
In case of a financial enterprise, Interest received on Debentures held as Investment is ............
(A) Operating activity
(B) Investing activity
(C) Financing activity
(D) None of the above

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Financial Accounting

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