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shashidharbj
Sep 1, 2009, 03:23 AM
What are the treatment of fixed deposit in accounts?

ROLCAM
Sep 1, 2009, 05:04 AM
This is an asset that sits between Current and Fixed.
In Australia we put these in a section headed
As INVESTMENTS long term in the Balance Sheet.
When the maturity date gets nearer to the end , one can transfer it to Current Assets
Within 12 months.