Cash flow statement
This query is : Resolved
02 May 2011
How to treat interest payable/ receivable given in the b/s for 2 years. Do we show it under working capital changes or interest received separately ( actual cash) under investing activities?
Thanks to whosoever replies.
Thanks to whosoever replies.
CA SAURABH GARG
(Expert)
02 May 2011
treat as under working capital change
Message likes :
1 times
CA. RAVIKUMAR
(Expert)
02 May 2011
As per AS 3
Interest Received.
from investment should be shown under investing activity.
For short term investment classified as cash equivalents should be considered as cash flow from operation activity
Interest Received.
from investment should be shown under investing activity.
For short term investment classified as cash equivalents should be considered as cash flow from operation activity
CA. RAVIKUMAR
(Expert)
02 May 2011
As per AS 3
Interest paid:
-->on loans/debts is financing activity.
-->on working capital loan and any other loan taken to finance operating activity is in operating activity.
Interest paid:
-->on loans/debts is financing activity.
-->on working capital loan and any other loan taken to finance operating activity is in operating activity.
CA. RAVIKUMAR
(Expert)
02 May 2011
hence whatever applicable as operating activity that can be taken to working capital changes.
Message likes :
1 times
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
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Unable to File TDS Q2 Return – New TRACES Portal Error
- EPF ECR NEW RULES Sep 17th 2026
- Transfer of Physical Stock Between Two Proprietorship Concerns
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Taxation of crypto futures in India Fy 2026- 2027
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Issuing of delivery challan by seller of goods
- Nursery business
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
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
