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5. ABC limited had the following balance as at 31/12/2019. OMR 25,000 in Demand deposit ( current account) OMR 5,000 Cash in hand. Further,
5. ABC limited had the following balance as at 31/12/2019. OMR 25,000 in Demand deposit ( current account) OMR 5,000 Cash in hand. Further, ABC limited made liquid investments that are readily convertible into OMR 20,000 of cash and which are subject to an insignificant risk of changes in value. How much would be the cash and cash equivalents to be shown in the cash flow statement.
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Applying International Financial Reporting Standards
Authors: Keith Alfredson, Ken Leo, Ruth Picker, Paul Pacter, Jennie Radford Victoria Wise
3rd edition
730302121, 978-0730302124
