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Paying taxes is essential to the company , so company should record it in:

A- financing activity

B- operation activity 

C- investing activity

D' either Choice (A) or ( B)

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Question ajoutée par Ahmed kandil , Cost Controller , Battour Holding Cpompany
Date de publication: 2015/03/17
Renato Magtibay
par Renato Magtibay , Management Accountant/Credit Controller/Payroll/Payable Accountant , The Global Partners

B - operational activity - taxes are coming from income from operations

Muhammad Ashfaq
par Muhammad Ashfaq , Manager Accounts/Finance , CPE (PVT) LTD

B- Operating Activity is correct option while preparing Statement of Cash Flow

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
par VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

____________ B- operation activity___________

Hani ALQUDAH
par Hani ALQUDAH , Collections Executive , Social Security Corporation

payed taxes appears in the cash flow management from operations activity, answer B

Utilisateur supprimé
par Utilisateur supprimé

Answer is

>>D)Either choice (A) or (B)

Anas  Dawah
par Anas Dawah , Senior Internal Auditor , Talal Abu-Ghazaleh Global (TAGI)

B-                                 

Oprating section

FITAH MOHAMED
par FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

B- ..............>>>>>>>>>>operation activity 

Muhammad Ramzan Tufail  ACCA
par Muhammad Ramzan Tufail ACCA , Assistant Finance Manager , Eltizam Asset Management Group

(B) is the Correct Ans.

 

Company is paying taxes on Income generated from operation. So, this is not an investing or financing activity,  As, this is not an investment and not a issuing certificates to anyone.

Utilisateur supprimé
par Utilisateur supprimé

Paying taxes is essential to the company , so company should record it in

A- financing activity

B- operation activity 

C- investing activity

D' either Choice (A) or ( B)

 

ANSWER IS    FINANCING ACTIVITY

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