Insurance in the cash flow statement comes under operating activities or investing activities?
ACCOUNTANT (Student) (559 Points)
01 February 2020Insurance in the cash flow statement comes under operating activities or investing activities?
Belda Ramesh
(35 Points)
Replied 01 February 2020
ACCOUNTANT
(Student)
(559 Points)
Replied 02 February 2020
| Originally posted by : ACCOUNTANT | ||
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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.
CAclubindia
