Cash and cash equivalents

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 July 2014 I have a FD with original maturity of 12 months but the same has been prematured within 10 days of Balance Sheet date. Where should this be classified as? Also in case of Cash and Cash Equivalents where should it be shown - Under Bank Balances or Others?

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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24 July 2014 its not cash n cash equivalents as it requires 3 months liquidity to be classified as this.

so it will be under short term advances.

Querist : Anonymous

Querist : Anonymous (Querist)

24 July 2014 But the same is prematurely withdrawn... with in 10 days from the date of balance sheet

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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24 July 2014 but the original due date was for more then 12 months na ...to withdraw was ur dec.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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24 July 2014 but the original due date was for more then 12 months na ...to withdraw was ur dec.

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