SOLUTION
No flow. Because there is no change in the amount of Cash and Cash Equivalents. It merely represents movement between items of Cash and Cash Equivalents.
While preparing cash flow statement, will ‘Cash withdrawn from Bank’ result into inflow, outflow or no flow of cash?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)
- Post category:Accountancy
- Reading time:1 mins read