Advertisements
Advertisements
प्रश्न
'Cash advances and loans' made by financial enterprises will be shown under which type of activity while preparing cash flow statement? Give reason in support of your answer.
Advertisements
उत्तर
'Cash advances and loans' made by financial enterprises will be shown under operating activities. This is because financial enterprises primarily deal in advancing loans and therefore any inflow/outflow on account of such transactions in classified under operating activities.
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
