NSC purchase it is Investment or Current Assets ??
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 October 2010
hello
sir what is different between investment and (loans to advances, deposit)i.e current assets
if any one investment in following then balance sheet grouping is ???
1) NSC Purchase
2) LIC
3) PPF a/c investment
4) INvestment in Shares
5) Mutual funds.
plz tell me the concept in depth?? how to presentation above item in financial statement with suitable manner.
sir what is different between investment and (loans to advances, deposit)i.e current assets
if any one investment in following then balance sheet grouping is ???
1) NSC Purchase
2) LIC
3) PPF a/c investment
4) INvestment in Shares
5) Mutual funds.
plz tell me the concept in depth?? how to presentation above item in financial statement with suitable manner.
CA Navin Jain
(Expert)
30 October 2010
all is investment
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