Practicing Success
What is true in respect of classification of Investments in the balance sheet of a company? |
Investments are also classified into current and non-current categories. Investments expected to realise within twelve months are considered as current investments under current assets. Investments expected to realise after twelve months are considered as non-current investments under non-current assets. . All of the above |
All of the above |
Investments: As per Schedule III of the Companies Act 2013, the Investments are also classified into current and non-current categories. Investments expected to realise within twelve months are considered as current investments under current assets. Others are classified as non-current investments under non-current assets. Both are however shown on the face of the balance sheet. |