Bank deposit's presentation

AS 675 views 2 replies

Hi Friends,

 

Can any one tell me when a bank deposit qualifies as an investment?

 

Replies (2)

yes bank deposit is an investment.. if it is to mature within 12 months,its current investment..for more than 12 months,its long term investment

Then in that case why we do not present along with investments why in Bank balance. Now AS will previal.


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