Tinkle Comics Limited paid income tax on Capital Gains resulting from disposal of capital assets. This amount
Question:
Tinkle Comics Limited paid income tax on Capital Gains resulting from disposal of capital assets. This amount would be shown in the statement of cash flow as a deduction in _______________ type of activities:
(a) Operating activities
(b) Investing activities
(c) Financial activities
(d) None of the above
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Financial Accounting For Management
ISBN: 9789385965661
4th Edition
Authors: Neelakantan Ramachandran, Ram Kumar Kakani
Question Posted: