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GST IMPACT ON CASH FLOW STATMENT

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217 Points Posted on 18 September 2020

HOW TO GIVE EFFECT OF GST PAYMENT MADE, GST RECEIVABLE ACCOUNT AND GST PAYABLE ACCOUNT IN CASH FLOW STATEMENT?

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On 18 September 2020 at 09:53 Report
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Chartered Accountant
4524 Points Posted on 18 September 2020
The inflows and outflows of GST may be offset in the statement of cash flows and the net amount disclosed. Such a net cash flow from GST is usually disclosed under operating activities.
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On 18 September 2020 at 10:37


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