Please tell treatment of Advances w/o in P/L in preparation of Cash Flow as per AS 3 (Indirect Method)
Its Urgent ???????????????
1 Replies
Giridhar S Karandikar
(Team Lead)
(7548 Points)
Replied 13 April 2012
You will have to add-back the advance written-off from the operating activities in Cash-flow statement, as they are given in the course of operating the business.
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