Rahul (MT) (102 Points)
21 May 2020
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 21 May 2020
It is usually classified into operating activities. But there is no clear classification and this could be into other activities as well.
jashwanth
(CA-PRACTICE)
(400 Points)
Replied 22 May 2020
Rahul
(MT)
(102 Points)
Replied 23 May 2020
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 24 May 2020
It falls under operating activities.
Any lease payments will fall under financing activities.
Interest received will fall under investment activities.
Mostly, Interest when shown as an expense on income statement, it is operating Cashflows.
jashwanth
(CA-PRACTICE)
(400 Points)
Replied 24 May 2020
CAclubindia
