Ask Experts Questions for FREE Help !
Ask
    shashidharbj's Avatar
    shashidharbj Posts: 1, Reputation: 1
    New Member
     
    #1

    Sep 1, 2009, 03:23 AM
    Hiii hello
    What are the treatment of fixed deposit in accounts?
    ROLCAM's Avatar
    ROLCAM Posts: 1,420, Reputation: 23
    Ultra Member
     
    #2

    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.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.



View more questions Search