Practicing Success
Practicing Success
CUET Preparation Today
| While preparing a cash flow statement of the company, cash comprises.......and ....... with bank. |
Cash, cash in hand Cash in hand, cash Bank balance, cash in hand Cash in hand, bank balance |
| Cash in hand, bank balance |
| cash flow statement shows inflows and outflows of cash and cash equivalents from various activities of an enterprise during a particular period. As per AS-3, ‘Cash’ comprises cash in hand and demand deposits with banks, and ‘Cash equivalents’ means short-term highly liquid investments that are readily convertible into known amounts of cash and which are subject to an insignificant risk of changes in value. |
