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Working capital changes

Accountancy

Sir if capital reserve opening- nil and closing-200000. Then can we write it down under working capital changes in operating activity? Video Details ------------- P1 - Advanced Accounting - Without AS AS 3 Cash Flow Statement #28. Illustration 11 - Part 2

Ajaykumar Parit

CA Inter

★ 815

06-Sep-24 07:59

154

Answers (1)

No. For any reserves movement, you need to prepare working to find out profit or loss for the year.

CA Suraj Lakhotia

Admin

06-Sep-24 11:01