Can anyone please explain me why premium on redemption of preference shares is not adjusted in operating activities in FM (May 2011) paper.......Please also explain the share premium A/c....
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Cash flow problem..
Replies (3)
Premium on Redemption of debentures should be adjusted under Financing Activities. In case of Investment Companies alone, it would be adjusted with Operating Activities. Similar treatement is for Share Premium A/C
Yes thats true....but, it will added back in operating activities na
| Originally posted by : gaurav Pushkar | ||
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Yes thats true....but, it will added back in operating activities na |
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no gaurav premium on redemption of preference shares are written off against security premium,general reserve and then p/L(in this order).so it will be added back only if it is written off against P/L!!!
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