Advertisements
Advertisements
प्रश्न
While preparing its Cash Flow Statement, will a company consider an increase in its Bank Overdraft as an Operating Activity or as a Financing Activity?
थोडक्यात उत्तर
Advertisements
उत्तर
An increase in bank Overdraft of a corporation is considered a financing activity since it is a form of extremely short-term loan provided by a bank to a customer who has a good reputation in the eyes of the bank.
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
