Stock in trade

Accountancy

Can cash be considered as stock in trade in banks?

Sowmiga Chandrasekaran

CA Inter

★ 7K+

04-Jun-23 21:46

630

Answers (3)

I think it can be considered a stock in trade, as they need to have cash available to give loans

R Yashwanth Kumar

CA Final

★ 87K+

05-Jun-23 01:00

Yes cash is considered as to be stock in trade in banks

Balachandar S

CA Inter

★ 59K+

05-Jun-23 07:14

Stock in trade is something which you would trade (buy or sell). Cash is not stock in trade.

CA Suraj Lakhotia

Admin

05-Jun-23 08:24