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