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aster inc invested $20,000 in bonds that will mature in eleven months. where will aster record his investment?

User Ebruchez
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2 Answers

2 votes

Answer:

A.

current assets

Step-by-step explanation:

User ZhangChn
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Recoding the investments:

From the point of view of period of accounting, the Investment can be either short term investment or long term investment. An investment is called short term if it is held for less than a year. In the given case the Aster Inc invested $20,000 in bonds that will mature in eleven months, it means this investment shall be classified as Short term investment and it shall be recorded under Investment heading.



User Shahid Roofi Khan
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