State with reason whether ‘Short term deposits in Banks’ will result in inflow, outflow or no flow of cash. Post category:Accountancy Reading time:1 mins read SOLUTION No flow of cash because ‘Short term deposits in Banks’ is a part of cash equivalents. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostWhile preparing cash flow statement, will ‘Cash withdrawn from Bank’ result into inflow, outflow or no flow of cash? Give reason in support of your answer. (C.B.S.E. 2020, Punjab) Next PostDo you think that Bank deposit with 100 days of maturity will be included in Cash and Cash Equivalents? Give reason. You Might Also Like State the provisions of the Indian Partnership Act., 1932, regarding charging of interest on drawings from a partner when: (a) The firm has a partnership deed; (b) The firm does not have a partnership deed. September 26, 2022 Following is the summarised Balance Sheet of Philips India Ltd. as at 31st March 2018: August 18, 2022 ‘An enterprise may hold securities and loans for dealing or trading purposes in which case they are similar to inventory acquired specifically for resale’. Is the statement correct? Cash flows from such activities will be classified under which type of activity while preparing Cash Flow Statement? (C.B.S.E. 2016) October 6, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
State the provisions of the Indian Partnership Act., 1932, regarding charging of interest on drawings from a partner when: (a) The firm has a partnership deed; (b) The firm does not have a partnership deed. September 26, 2022
Following is the summarised Balance Sheet of Philips India Ltd. as at 31st March 2018: August 18, 2022
‘An enterprise may hold securities and loans for dealing or trading purposes in which case they are similar to inventory acquired specifically for resale’. Is the statement correct? Cash flows from such activities will be classified under which type of activity while preparing Cash Flow Statement? (C.B.S.E. 2016) October 6, 2022