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How will you treat ‘Interest on debentures’ while preparing a cash flow statement? - Accounts

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Question

How will you treat ‘Interest on debentures’ while preparing a cash flow statement?

Very Short Answer
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Solution

Interest on debentures will be added to the net profit in running or operating activities and shown as an outflow in financing activities.

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Chapter 15: Project Work - PROJECT WORK PROBLEMS [Page P-43]

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D. K. Goel Accountancy Volume 1 and 2 [English] Class 12 ISC
Chapter 15 Project Work
PROJECT WORK PROBLEMS | Q 7. | Page P-43
D. K. Goel Accountancy Volume 1 and 2 [English] Class 12 ISC
Chapter 13 Cash Flow Statement
SHORT ANSWER QUESTIONS | Q I. 23. | Page 13.100
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