Payment and receipt of interest and dividend is classified as which type of activity while preparing Cash Flow Statement. (C.B.S.E. 2019) – Swamonk EduCare

Payment and receipt of interest and dividend is classified as which type of activity while preparing Cash Flow Statement. (C.B.S.E. 2019)

Post category:Accountancy
Reading time:1 mins read

SOLUTION

(i) Payment of Interest and Dividend: Financing Activity
(ii) Receipt of interest and Dividend: Investing Activity.

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