Cash flow statement
Querist : Anonymous
What includes in Finance Cost, whether Bank Charges includes finance cost which requires to be added to P & L as Non Cash Items ?
(But it is not NON CASH)
Non cash is depreciation.
Querist : Anonymous
Querist : Anonymous
Interest paid is CASH item...
Interest payable is liability......
From interest account one need to bifurcate which is paid and which is payable.....(Paid id cash expenses and payable is non cash)
Querist : Anonymous
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