What would be the Accounting Treatment of Interest Accrued on fixed deposit, in cash flow from investing activities
CS,CA F,Numrologi TusharSampat
(CS CA F Numerologist Astrologer Graphologist Face reader Vastu Expert)
(85930 Points)
Replied 26 July 2013
Cash flow is based on cash inflow and outflow of an entity duirng a certain period.
If it is not recieved on investment then it cannot be included in investing activity.
itwill be reportedonly when iti is actually received.
CA Kunal Mishra
(Consultancy Service)
(172 Points)
Replied 26 July 2013
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