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premium on redemption of preference shares …

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premium on redemption of preference shares in calculation of operating profit before working capital changes is added or subtracted as per accounting standard AS 3 in cash flow statement chapter

    • Posted by Aditya Jain 6 years, 1 month ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Mayank Garg 6 years, 1 month ago

    It is added because cash has flowed outwards due to financing activities so it is added to operating activities

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