Accounts
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 May 2015
sir if there is any secured or unsecured loan given to subsidary company and intrest received from such investment will it effect our cash account?Because since subsidary company is controlled by holding company i have not given any effect to the cash flow statement Is it wrong and I have also given a note to that effect?
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Nikhil Kaushik
(Expert)
19 May 2015
you will have to show the interest in your standalone cash flows
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