Fixed deposit is investment ???

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Never Give up....No matter what....
858 Points Joined April 2013

Is Fixed Deposit is Investment? Can it be shown as Investment in Financials?

Please suggest.

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On 14 April 2013 at 13:07 Report
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FD's with maturity period less than 12 months become a part of "cash and other balnaces" .., whereas maturity with more than 12 months become part of "investments" in b/s

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On 14 April 2013 at 14:39
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Asstt. Commercial Officer
124 Points Joined September 2009

Ananya is right

 

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On 17 April 2013 at 19:52
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Dear Mr. Parag.., Plz edit my name... You have spelled it wrong

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On 17 April 2013 at 19:56
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Asstt. Commercial Officer
124 Points Joined September 2009

Oh sry  i was wrong its "Aanya" not Ananya...:-)

 

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On 18 April 2013 at 09:28

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