In which category following items will be classified while preparing Cash Flow Statement of State Bank of India?
(i) Interest and dividend received by the bank. (ii) Purchase of Computer.
Cash Flow Statement is prepared to determine the cash flows of an enterprise during a specific period from its Operating, Investing and Financing Activities.
Interest paid of ₹ 514 lakhs is on borrowings of the company, i.e, Financing Activity whereas interest received of ₹ 10,759 lakhs is on account of investments made by the...