Classification of fixed deposit

Financial Reporting

How the following fixed deposit will be categorised in balance sheet..FD having matutity 1)less than 3 months 2)3-12 months 3)more than 12 months

Gauri Shete

CA Final

★ 5K+

29-Oct-23 22:53

732

Answers (2)

1 and 2 as Short term investments under Current Assets and 3 as Non current Investments Under Non- current Assets

Ashwin Kumar

CA Inter

★ 12K+

30-Oct-23 07:36

1 cash equivalents.

CA Suraj Lakhotia

Admin

30-Oct-23 11:07