I Was of the Opinion that Bank OD Forms a part of Cash and Cash equivalents in the Cash Flow Statement,(CFS)just wanted to know how a Bank OD Sanctioned during the year should be shown in the CFS,IF it should be treated as a financing activity or not............????
Treatment of Bank Overdraft Sanctioned during the Yr in CFS
Nikhil Ts (CA ,CS FINAL) (41 Points)
21 June 2010