Insurance in the cash flow statement comes under operating activities or investing activities?
Menu
INSURANCE IN CASH FLOW STATEMENT
Replies (3)
Insurance premiums paid on goods of entity
then insurance treated under operating activity
then insurance treated under operating activity
What about the insurance premiums paid on behalf of the owner of the entity... Will it come under finance activities sir...
| Originally posted by : ACCOUNTANT | ||
 |
What about the insurance premiums paid on behalf of the owner of the entity... Will it come under finance activities sir... |  |
If the entity type is proprietorship then it is drawings under financing activities.
Recent Threads
- Revised Income tax return karna padega kya
- Registration as deductor on traces site
- Rental Income from a Joint Holding property
- Itr 4 return filing question
- Whether GST applicable on Hardship Compensation pa
- ITC cannot be denied to Bona Fide Buyers for Suppl
- Unused ITC for Hotel after GST Change
- CA FINAL SPOM
- 44ad presumption of tax
- Friendly loan to blood relative?
Related Threads
CAclubindia
