cash flow statement

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 December 2015 I want to know the details about Government Grants received for some fixed asset purchase and that amount was deducted from fixed asset purchase cost EX Mr. A purchase fixed at a cost of Rs.1000000 Government Grants 100000 The entry in the book fixed asset value 900000 (1000000-100000) What is the activity involved for Government Grants And what the amount in investment activity


09 December 2015 Investment activity show Rs. 10,00,000 and financing activity show Rs 1,00,000 as Govt grant.

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 December 2015 sir but my query is investment activity show 1000000 but in books of accounts Govt Grant deducted from fixed asset value

09 December 2015 Entry is different but in cash flow you have to show receipt of Govt. grant.

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Querist : Anonymous

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09 December 2015 thank you sir and next query is bank OD and CC is a cash equivalents or what activity

09 December 2015 It is a financing activity.

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Querist : Anonymous

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09 December 2015 duties and taxes is a non operating expenses

09 December 2015 It is an operating expenses.

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 December 2015 . how ?

09 December 2015 Taxes and duties are paid based on the operation of the company.


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