how do we treat drawings in cash flow statements?
ALAMELU.N.N (student) (258 Points)
28 January 2013how do we treat drawings in cash flow statements?
CA. JAIN
(Chartered Accountant)
(466 Points)
Replied 28 January 2013
It will be treated as the part of Finance activity as negative item.
Shivangi Kalra
(Practicing Chartered Accountant)
(113 Points)
Replied 31 January 2013
as capital increase is added in financing activity as drawing is deduction in capital and less in financing activity
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
