The current investments are valued on closing date at
(a) Market value
(c) Lower of cost and market value
(b) Cost of purchase
(d) Higher of cost and fair value
Answers
Answered by
0
Answer:
Option (a) Market value is the correct alternative.
Explanation:
The current investments are valued on closing date at Market value.
Answered by
0
Answer:
(a)-
The current investments are valued on the closing date at a Market Value
Explanation:
The current investments are held for one year from the date of issuance to the closing date. Normally investments are a way of earning money through rentals, dividends and interest. These types of investments are done by the enterprises.
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