Accountancy, asked by shaikhshagufta0011, 6 months ago

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 vinod04jangid
0

Answer:

Option (a) Market value is the correct alternative.

Explanation:

The current investments are valued on closing date at Market value.

Answered by atulparida01sl
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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