cash flow statement
Yogesh Gupta (68 Points)
27 June 2018
what is the treatment of bank overdraft and cash credit in cash flow statement under indirect method.
1 Replies
CA Nitesh Kumar Agarwal
(2 Points)
Replied 27 June 2018
cash credit will be shown in financial activity while , the treatment of bank od depends on the time period for which it was sanctioned, if it was for less than 3 month then it will be treated as cash and cash equivalent or else as financial activity.
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