As 3

Also tell for short term investment in debentures is cash flow or not

Thread Starter

Krishnan K

CA Inter

★ 5K+

08-Oct-23 06:50

Anything may it be debentures or preference shares acquired for cash will come under investing activity in cash flow and if this short term investments is due for maturity within 3 months it will become cash and cash equivalents and not cash flow item but in reality investment in shares and debentures are not acquired to hold it for not less than a year

SREEABITHA SENTHILKUMAR

CA Inter

★ 1K+

08-Oct-23 13:32

Prefernece shares for short term < 3 months - Cash equivalent

CA Suraj Lakhotia

Admin

10-Oct-23 14:10

Sir we need check 3months from as on balance sheet date or from date of acquisition

Thread Starter

Krishnan K

CA Inter

★ 5K+

10-Oct-23 14:24

From date of acquisition

SREEABITHA SENTHILKUMAR

CA Inter

★ 1K+

10-Oct-23 15:05

date of acquisition.

CA Suraj Lakhotia

Admin

10-Oct-23 16:22