Menu
cash flow statement
what is the treatment of bank overdraft and cash credit in cash flow statement under indirect method.
Replies (1)
cash credit will be shown in financial activity while , the treatment of bank od depends on the time period for which it was sanctioned, if it was for less than 3 month then it will be treated as cash and cash equivalent or else as financial activity.
Recent Topics :
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
- Sell of CAFC books
- ITC ON RENT
- GSTR-9 Table 8A Portal and Excel Issues
- IGST on Commercial Rental Income (Different State)
- Revocation of suo moto cancelled GST registration
- Is there any faculty taking chapterwise test in CA
- Late Fees and Interest
Related Topics :
CAclubindia
