Question

Manchandas' Financial Services firm had availed the services of a friend to prepare its cash
flow statement. However, it was observed that there were some major errors in the same. As
per your understanding of the concepts, suggest the rectifications (if any) and justify the same
with appropriate reasons:
(i) The dividends which they had paid to their equity shareholders were included in the
financial activities.
(ii) The interest which they had paid to the Debenture holders formed a part of their operating
activities.
(ii) The company sold one of its malfunctioning printer and included the proceeds in its
investing activities.
(iv) The firm bad invested a major portion of their funds in the Axis Bank Mutual Funds and
the same formed part of their investing activities.
(v) The loan provided by the firm (including interest) to its clients formed a part of the
investing activities.
(vi) The firm purchased 50 laptops for its employees and the same formed part of the
operating activities.
​

Answer 1

Answer:

Marks me as brainleast and thanks I will follow you back fast

Answer 2

Answer:

ᴡʜᴏᴏᴏᴏᴏʜᴏᴏᴏᴏᴏ ɪs ᴛʜɪs ᴀ ǫᴜᴇsᴛɪᴏɴ????

ɪ ᴅᴏɴ'ᴛ ᴋɴᴏᴡ ᴛʜᴇ ᴀɴsᴡᴇʀ.... ♡´･ᴗ･`♡