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cash flow

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(Querist)
12 May 2016 There was a income of 1227022.67 wrongly credited in last year which was now debited to current year loss as prior period adjustment. How will this affect the cash flow..?
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Rupesh Jain

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Rupesh Jain (Expert)
12 May 2016 if income is not received then you not show in cash flow then in current year its not come in income.
you making fund flow then its already reduce in income and also reduce in debtors also.
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Krupa jain

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Krupa jain (Querist)
12 May 2016 I dint get you sir. Can u please elaborate?
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