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Trade investments appear in a company’s balance sheet under the sub-head ______. - Accounts

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Question

Trade investments appear in a company’s balance sheet under the sub-head ______.

Options

  • Current Investments

  • Non-Current Investments

  • Intangible Assets

  • Short-term Loans and Advances

MCQ
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Solution

Trade investments appear in a company’s balance sheet under the sub-head non-current investments.

Explanation:

Trade Investments are investments made by a company in the shares or securities of other companies for the purpose of gaining control or earning returns, and are not intended to be sold within 12 months. Therefore, they are classified in the Balance Sheet under:

Non-current assets → Non-current investments

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Chapter 9: Financial Statements of Companies - OBJECTIVE TYPE QUESTIONS [Page 9.72]

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D. K. Goel Accountancy Volume 1 and 2 [English] Class 12 ISC
Chapter 9 Financial Statements of Companies
OBJECTIVE TYPE QUESTIONS | Q (A) 20. | Page 9.72
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