Advance w/o in p/l

AS 507 views 1 replies

Please tell treatment of Advances w/o in P/L in preparation of Cash Flow as per AS 3 (Indirect Method)

 

Its Urgent ???????????????

Replies (1)

You will have to add-back the advance written-off from the operating activities in Cash-flow statement, as they are given in the course of operating the business.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register