Accountancy, asked by Aiman9382, 3 months ago

Treatment of increase in general reserve in cash flow statement

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Answered by Anonymous

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12 February 2013 The creation of general reserve is non cash item and is created through provision. ... Therefore, as per clause (b) of Para 20 of IAS 7 - Cash Flow statement, in the cash flow from the operating activities, all provisions and non cash items are adjusted to the net profit and loss.

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