English

Sale of Current Investment will be shown under ______.

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Question

Sale of Current Investment will be shown under ______.

Options

  • Operating Activity.

  • Financing Activity.

  • Investing Activity.

  • Cash and Cash Equivalents.

MCQ
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Solution

Sale of Current Investment will be shown under Investing Activity.

Explanation:

Current investments are short-term financial assets held by a company to earn returns, rather than being part of day-to-day operations or capital structure. In a Cash Flow Statement, the cash proceeds from selling these investments represent a liquidation of financial assets, which falls directly under Investing Activities. However, there is a minor accounting nuance to keep in mind: if a current investment was specifically designated as a cash equivalent at the time of purchase because it matured within three months, its sale would be treated as part of Cash and Cash Equivalents instead of an investing inflow.

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Chapter 5: Cash Flow Statement - TEST YOUR KNOWLEDGE [Page 5.127]

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TS Grewal Accountancy Analysis of Financial Statements [English] Class 12
Chapter 5 Cash Flow Statement
TEST YOUR KNOWLEDGE | Q 11. | Page 5.127
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