Cash equivalent
This query is : Resolved
14 April 2010
Does interest accrues but not due on FD will be taken as cash & cash Equivalent while preparing cash flow statement
14 April 2010
Not it should not.
14 April 2010
it should not be taken till FD is matured... ANd it is not a cashflow at alll...
15 April 2010
AGREE WITH EXPERT VIEWS.
CA Ravi Sisodia
(Expert)
15 April 2010
no
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