more linking the statement fun stuff
IB
Tags:
(Senior Monkey, 83
Points)
on 3/18/11 at 3:27pm
alright so im working through linking these statements and my next issue:
Securities lending payable is an investing activity (outflow)
Securities lending is listed under current liabilities
Should I list this payable in changes in operating assets and liabilities or link it (beginning lending payable (balance sheet) - lending payable (investing activity)
this is for microsoft





if they have it under
if they have it under investing activities then it doesnt belong in operating activities. go with how they classify it