As-3
This query is : Resolved
22 November 2013
X Ltd purchased a Car on 30.9.2012 for Rs. 50 lacs which was financed through ICICI Bank so the payment was made by ICICI Bank directly to Vendor on behalf of X Ltd.
What should be the treatment in Cash Flow Statement for the year 2012-2013?
What should be the treatment in Cash Flow Statement for the year 2012-2013?
23 November 2013
Dear Rishabh
In cash flow simply your assets will increase in investing & other side in financing loan will increase
In cash flow simply your assets will increase in investing & other side in financing loan will increase
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