Insurance in the cash flow statement comes under operating activities or investing activities?
Menu
INSURANCE IN CASH FLOW STATEMENT
Replies (3)
Insurance premiums paid on goods of entity
then insurance treated under operating activity
then insurance treated under operating activity
What about the insurance premiums paid on behalf of the owner of the entity... Will it come under finance activities sir...
| Originally posted by : ACCOUNTANT | ||
 |
What about the insurance premiums paid on behalf of the owner of the entity... Will it come under finance activities sir... |  |
If the entity type is proprietorship then it is drawings under financing activities.
Recent Threads
- E way bill expired penalty
- Best SME Focused AIF Funds in India for High Growt
- How does employee management software help in stat
- Clarification Required – Section 18 of Wage
- How to split freelance project income with a frien
- 194a for A y 2024-25
- Compensation & Benefits
- SAC code and GST rate transport services for anima
- Section 44AB is Gone — How Different is Tax
- Capital Gains from Cancelled Residential Project
Related Threads
CAclubindia
