Interest on Debentures is added back to Operating activities (if added while computing profit) and is also shown as outflow under Financing activities (as it relates to long-term borrowings). Other options are either operating adjustments or investing items.
From among the following, choose the item which would be mentioned in financing activity also:
CUET UG 2022 — Accountancy Financial Statements
From among the following, choose the item which would be mentioned in financing activity also:
Held on 20 Aug 2022 · Verified 13 Jul 2026.
Options
- A
Provision for tax
- B
Interest on Debenture
- C
Goodwill written off
- D
Loss on sale of fixed assets
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