Practicing Success
Practicing Success
CUET Preparation Today
| A financial company that provides loan and invest in shares received ₹50000 as interest on the loan at the year-end. Where will the amount of interest be shown in the company's cash flow statement? |
Operating activity Investing activity Financing activity None of these |
| Operating activity |
| Company is engaged in the business of providing loans and also investing in shares. Any income arising from these activities should be shown under operating activity. |
