Accountancy, asked by yekanke, 1 month ago

cash transaction is not involved in the issue of​

Answers

Answered by preetis6667
2

Answer:

cash transaction is not involved in the issue of right shares.

Answered by nidaeamann
0

Explanation:

Cash transaction is not involved in the issue of​ shares. Issuance of bonus shares does not involve flow of cash hence no transaction.  This type raises share capital of company but not its net assets. This does not also involve the purchase of new asset or sale of it, it is just the shares which are exchanged. The value of these shares can also vary with time but again this will not involve any cash transaction

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