Trade Receivable for 31.3.2018 is Rs.150,000 and for 31.3.2017 is Rs.122,000. What is the treatment in the cash flow statement for 31.3.2018
Increase in Trade Receivable of 28000 and will be added to Net Profit
Decrease in Trade Receivable of 28000 and will be added to Net Profit
Decrease in Trade Receivable of 28000 and will be reduced from Net Profit
Increase in Trade Receivable of 28000 and will be reduced from Net Profit
Increase in Trade Receivable of 28000 and will be added to Net Profit
The treatment in the cash flow statement for 31.3.2018 :
Increase in the trade receivables = 1,50,000 - 1,22,000 = Rs.28,000
and increase in the trade receivables will be reduced from the net profit