How to treat Stock Adj. in Cash flow statement?
This query is : Resolved
23 July 2010
How is stock adjustment profit/loss treated in Cash Flow Statement (both direct & indirect)?
THANKS IN ADVANCE
THANKS IN ADVANCE
26 July 2010
Stock Adjustment A/c is a non cash A/c. If it is debited to P & L A/c then it will reduce the profit so add back this in operating activities and vice versa.
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