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Financial Institutions Duty, a state duty which all financial institutions pay on the money paid to them.

--pranav@dubey.in

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Q: What is fid loan in bank statement?
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Is cash in bank reported in cash flow statement?

The balance of a bank loan is a liability item on a balance sheet (or net worth statement). The principal and interest payments used to repay the bank loan are cash outflows (debt expenses) on a cash flow statement.


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No, bank expenses do not typically go on the income statement. Bank expenses are usually recorded on the bank's own financial statements as part of their operating expenses. The income statement of a bank would typically include items such as interest income, loan loss provisions, and non-interest income.


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