What is "investment cash" compared with "current assets
cash"?
- 2 Answers
- 5146 Views
- I also Faced
- E-Mail Answers
Answer Posted / guest
It depends on the intention of cash holding. It is a
current asset if the intention is to spend it within the
next accounting period. It is investment cash where it is
intended to invest cash within the next accounting period
i.e. it is held as part of the investment portfolio. It is
not necessary to reclassify cash at the end of each period
depending on whether it is intended to withdraw it or not.
| Is This Answer Correct ? | 2 Yes | 1 No |
Post New Answer View All Answers
Why we have to present first and second draft(Bill of Exchange) for bank negotiation.Why cant we present only One draft?
you went outside to purchase vegetagles, suddently big rain came then what you will do
proprietor pays the hotel expenses of foreign client by his icici bank credit card. and then he pays the credit card bill by canara bank current account. how to pass entries in tally for this secnario
How can i get GR form (GR No.) for Exports ? please give me a link of website with steps ?
What are the Types of invoices batching? & what is 3 way batch?
How to reconsile vendor accountswhat to add and subtract is there any standard form please get me answer
Interest earned on investments is an__________
What are the duties of sales tax department? Explain it
What is cash clearing account
My name is Tasha actually I had put my file for Australia PR on basis of Hairdresser, and I have shown my qualification of 10th passed, but I done my B.Com with Accountancy, and presently I am working as Accountant,Now I want to put up my file for Australia Student is it possible, and my age is 36 yrs, I had already given my IELTS (Academic) and I have scored 6 bands, but its period has been expired,please give me some answer what to do next.
How many types we are received funds in business purpose
We did promotion activity for X co that co is our client ( S Dr) which we sold tickets through our vendor through out north india ... But those vendors adjusted cash with thir bill and remaining balance we received ,, Ticket amount we paid from our co Bank A/c to our client (S Dr) .the amount is too huge so how can i sort out this in books of acconts ..............
whether financing to Bulk Milk Coolers comes under CMA under Agriculture or Non Farm Sector
Expand-------SNAT
a) What are the Golden Rules of Accounting? What are the 14 Principles of Accounting
