Cash flow statement
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 November 2014
There is payment of interest on loan which has been capitalized to Fixed Asset A/c as per AS 16.
Whether this interest payment is to be shown as cash outflow under Investing Activity or Financing Activity?
If interest is debited to Inventory then where will we show interest payment?
In Financing activity or Operating activity?
Whether this interest payment is to be shown as cash outflow under Investing Activity or Financing Activity?
If interest is debited to Inventory then where will we show interest payment?
In Financing activity or Operating activity?
24 November 2014
if its capitalised then its forming part of assets and must be disclosed under cash flow from investing activity.
25 November 2014
capitalizing the intt. will investing activity and intt.on stock under finance activity
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Treatment of Pension ?annuity returns on PMVY
- Soyabean hsn code and gst rate
- TAN for Partnership
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Free lancer income
- Last year TDS Claim
- TDS related Query_Liquidated Damages
- LTCG for Assmt year 26-27
- Long Term Service award taxability in hands of company
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- ITR selection for salaries and capital gain less than L
- Showing Gift from relative in ITR for this year
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
