FUND FLOW STATEMENT OF CMA FORM

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I would like to know that is it necessary to tally sources and uses of fund flow statement of CAM Form?

Is it required to total of colum No.3 to 4 of Fund flow statemetn of CMA FORM?

PLEASE ANSWER MY ABOVE QUERY AT EARLIEST

Replies (1)

Dear Pravin

It is necessary to tally sources and uses of fund flow statement of CMA Form. If u r going to submit CMA form before ur bankers, then it is necessary to tally the fund flow statement, otherwise it shall be treated as incompleted frm.

If u r not submitting the CMA or the FF statement of CMA Format is not tallied, how can a banker determine ur proper source of funds and application thereof and the avalibiity of funds.

Therefore

It is necessary to tally sources and uses of fund flow statement of CMA Form

 

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