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plz explain me that why fixed deposit is shown under cash and cash equivalent but not in current investment in the balanace sheet of company
Most Upvoted Answer
plz explain me that why fixed deposit is shown under cash and cash equ...
current investment is a part of cash and cash equivalent so fd is come in cash
Community Answer
plz explain me that why fixed deposit is shown under cash and cash equ...
current investment are the investment that can be converted into cash within one year and fixed deposits cannot be converted into cash within short period therefore not included.
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plz explain me that why fixed deposit is shown under cash and cash equivalent but not in current investment in the balanace sheet of company
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