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Give one example each of an extra ordinary item under operating, investing and financing activity.

Accounting Financial Management
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Question added by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date Posted: 2014/09/13
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VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

(a) Operating activity – claim received from insurance company against loss of stock.

(b) Investing activity– amount of compensation received against acquisition of land belonging to the enterprise.

(c) Financing activity –payment for buy-back of equity shares of the company.

 

 

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