Cash flow
This query is : Resolved
24 July 2009
" Payment Of Preliminary Expenses by a newly formed company"
In Cash flow Statement, where we can adjust this item?
In Cash flow Statement, where we can adjust this item?
24 July 2009
The same can be shown as operational cash outflow
24 July 2009
I think it should be financing outlay, since the preliminary expenses is incurred by the company for formation
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