Which among the following transaction involves no flow of fund ?
A)redemption of debentures
B)purchase of fixed assets
C)issue of debentures for cash
D)conversion of debentures into shares.

Question

Quizplus · Accepted Answer

Conversion of debentures into shares involves no actual flow of funds. It is merely an exchange of one form of financial instrument (debentures) for another (shares), without any cash transaction taking place.

Which Among the Following Transaction Involves No Flow of Fund