Debenture subscribe by the company. Is which activity of cash flow statement.

Investing activity
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financing activity
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If the Co. Has subscribed the debentures of another Co. It is an investing activity else financing in every case
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Investing Activity
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How debenture subsribed is investing activity
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It is not any activity..because there is no inflow or outflow of cash
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First of all financing activity means any change in owners capital or borrowings from other sources Now, understand Debenture subscribe by company means they are those debenture which company have subscribed this means there is change in borrowing to the company but not from other sources it is borrowing of company to itself only..
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