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In an IAS 7 statement of cash flows, where would you find a bank current account debit balance?

In investing activities In financing activities In operating activities In cash and cash equivalents

Accounting
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Question added by kamran hafeez , Assistant Director Finance , Hashoo Group Owners & Operators of Marriott Hotels & Pearl Continental Hotels(Ex Inter Continental)
Date Posted: 2013/07/26
Upvote (1) Views (25) Followers (4) Answers (6) Report Question
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mohamed mansour
by mohamed mansour , chief accountant , el khatab Co for mills.

in cash and cash equivalents

Muhammad Nouman Shafique Awan

as a bank account is liquid asset i.e readily convert into cash so it is included in cash and cash equivalents

Khaled Abdelrehim ACCA DipIFR CMA
by Khaled Abdelrehim ACCA DipIFR CMA , Financial Analysis Assistant General Manager , Khalda Petroleum Company

In cash and cash equivalents

Muhammad Shahbaz

in IAS 7 we reconcile the cash and bank balance at year end it is a closing balance and head of Current Assets in B/S not in cash flow

shah alam
by shah alam , head of accounts , ROMO Fashion Today Ltd

in an IAS 7statemnet of cash flows ,bank current account debit balance is liquid assets.it is included cash & cash equivalents

Muhammad Sajjad
by Muhammad Sajjad , Chief Accountant , Hassan Kabbani Est. for Gen. Const. of Buildings (IKK Group of Companies)

 in cash and cash equivalents......................

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