I was going through financials of one the company.In cash flow statement, while reporting changes in working capital they have also reported (increase/decrease) in long term loans and advances.
is this treatment correct?
CA Pooja Agarwal (Chartered Accountant) (3228 Points)
23 July 2013I was going through financials of one the company.In cash flow statement, while reporting changes in working capital they have also reported (increase/decrease) in long term loans and advances.
is this treatment correct?
Chinnu Raj
(CA Final Student B.Com)
(1067 Points)
Replied 23 July 2013
As per my knowledge is concerned it cannot be shown.But please let me know whether Iam correct or not.