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What difference between bank loans and bank overdrafts

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Reference no: EM132538654

In IAS 7, Statement of Cash Flows, the following is indicated, with the exception of:

  1. Cash movements related to interest, dividends and income taxes must be reported separately.
  2. Interest and dividends must be reported as financing activities
  3. Investments that do not represent the movement of cash must be reported outside the Statement of Cash Flows in the explanatory notes of the financial statements

Question 1: What difference between bank loans and bank overdrafts

Reference no: EM132538654

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