As 3 cash flow

Voluntary separation payment is a liability to the company then why it is shown on the asset side of the balance sheet ( it can be fictitious asset) voluntary separation payment is extraordinary item so can you please explain the above mentioned voluntary the above mentioned voluntary separation payment and how it can influence the cash and cash equivalents

Deepak Thinu

Deepak Thinu

CA Inter


31-Aug-20 14:55


Answers (1)

That is the payment which is made in advance

Suraj Lakhotia

Suraj Lakhotia


31-Aug-20 14:56