122k views
0 votes
If a company has investments in Apple stocks (250 shares), this will be classified in the balance sheet under:____________.

User Elomage
by
7.2k points

1 Answer

4 votes

If a company has investments in Apple stocks (250 shares), this will be classified in the balance sheet under long-term investments or investments.

If a company has investments in Apple stocks (250 shares), this will be classified in the balance sheet under long-term investments or investments. The investment in Apple stocks represents the company's ownership of a portion of Apple Inc. and is considered a long-term asset. The value of the stocks will be reported at their cost or fair market value at the end of the reporting period.

User SomeGuyFortune
by
7.9k points