Deposits
This query is : Resolved
ABDUL VAJEED
(Querist)
03 September 2011
Hi All
Pls let me know while calculating Current ratio shold i take deposits as current assets or not?
Abdul
Pls let me know while calculating Current ratio shold i take deposits as current assets or not?
Abdul
Hari Beldona
(Expert)
03 September 2011
Current assets are those assets of the concern which will be realized into cash or cash equivalent with in short period say one year, deposits can be realized with in an year (Premature closure)
Can be taken for calculation of Current Ratio.
Can be taken for calculation of Current Ratio.
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