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When is interest received considered as financing activity?

  • Post category:Accountancy
  • Reading time:1 mins read

SOLUTION

Interest received on Calls-in-arrear by a Company is considered as financing activity..


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Next Post“Loans and advances granted’ by a company will be considered, as which type of activity while preparing Cash Flow Statement. (C.B.S.E. 2018, Comptt.)

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