Question

Which of the following are sources of funds?
A) Issue of bonus shares
B) Issue of shares against the purchase of fixed assets
C) Conversion of debentures into shares
D) Conversion of loans into shares
Options
O A and C
O A and D
O A, B, C and D
O None of the above
ace​

Answer 1

Answer:

A

Explanation:

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Answer 2

Answer:

NONE OF THE ABOVE is the sources of funds

Explanation:

1. Issue of bonus -  its is  a type of shares  which are  issued to the existing shareholders which will increase the dividend payouts.
2. Issue of shares against the purchase of fixed assets - the shares are issued for the creditors for the purchase of fixed assets there is increases in both assets and liabilities simultaneously. The sources is not arises
3. Conversion of debentures into shares - The debenture holders are the creditors of the company to reduces the creditors the debenture holders are become the shareholders so  the sources are not involved
4. Conversion of loans into shares - The loan is also a liability for the organisation the creditors become the shareholders  of the organisation and the sources is not araised
5. From the details the option given all are not the sources of the funds