While preparing the lsquocash flow statement the accountant


While preparing the ‘Cash Flow Statement' the accountant of Gulfam Ltd., a financing company showed ‘Dividend received on Investments' on ‘Investing Activity'. Was he correct in doing so? Give reasons.

Solution Preview :

Prepared by a verified Expert
Business Management: While preparing the lsquocash flow statement the accountant
Reference No:- TGS01629496

Now Priced at $10 (50% Discount)

Recommended (94%)

Rated (4.6/5)