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divyagovil1
Major Contributor

Joined: 30 Jan 2009
Location: India
Online Status: Offline
Posts: 1456

Posted: 31 Oct 2011 at 06:50 \| IP Logged

NOW, let’s take the sim you posted above as an example:

1.     Identify transaction(s) involved in any item
2.     Accordingly, distinguish the transactions as
operating, investing and financing activities
3.     Based upon transactions for operating activities,
see which transaction falls under direct/indirect method

Refer following url:
https://docs.google.com/document/d/1tKxJe2N9AJBiGrsZciq6g
QbAO0zpYD9EbDUAPAfVmVM/edit

Hope the above explanation helps. Let me know further
doubts.

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Ethics - 2011

lauritta
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Joined: 02 Jan 2011
Online Status: Offline
Posts: 83

Posted: 01 Nov 2011 at 22:53 \| IP Logged

Thank you so much! You explanation is very helpful!

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