What will be the effect if "premiun on redemption of debentures is decreasing" im cash flow statement. tell with reason
Dear Student
Reduction in premium on redemption of debenture means debentures are redeemed, therefore it relates to financing activity and as a result Reduction in premium shall be shown as deduction i.e cash paid in financing activity.
Regards
Reduction in premium on redemption of debenture means debentures are redeemed, therefore it relates to financing activity and as a result Reduction in premium shall be shown as deduction i.e cash paid in financing activity.
Regards