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Cash flow statement doubt

Accountancy

Goodwill / patent /trademark/copyright comes under which activity


Remya Raveendran

Remya Raveendran

CA Inter

270

28-Apr-22 11:22

475

Answers (1)

Best Answer

If there is any sales or purchases of these intangible assets, will take place in investing activities. Amortization, being non cash item, should be shown in operating activity as adjustment (indirect method)


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