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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › statement of cash flow
Dear sir,
I am having certain problems to understand certain issues.
1. What’s the difference between interest paid and interest expense?
In the BPP revision kit there is a question where interest paid is $75. In the answer this $75 has been recorded as interest expense( in the ‘adjustment for’ section) and it has also been recorded as interest paid (tax paid less interest paid). Why so?
2. Interest received is $25 and it has been minus in the “adjustments for” section and this interest received has been also added in the ” cash flow from investing activities” .Why so?
I am sorry, but this is the third time you have asked this question – you asked it twice yesterday – and I have already answered it twice (yesterday)!
Please read my previous replies (and, as I keep on saying, watch my free lectures on Statements of cash flows).