Investment
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 July 2012
Can Investment in Gold Jewellery be treated as Current Assets or Capital Expense ????
18 July 2012
Depend upon the intention of the buyer.
if intention to hold for Long term - Non Current Investment
in intention to hold for short term- Current Investment.
if intention to hold for Long term - Non Current Investment
in intention to hold for short term- Current Investment.
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