Accountancy, asked by toptubemalik6365mali, 5 months ago

name all reserve which are transfers to general reserves in cash flow statement class 12....​

Answers

Answered by venkatsaiteja022
0

Explanation:

General Reserve is a non cash item. It shall not have any effect on the Cash Flows of the Entity.

As per IAS 7 on Cash Flow statement, all provisions and non cash items are adjusted to the net profit and loss in the Cash Flow from Operating Activities.

Similar questions