krisrose5710 krisrose5710
  • 20-09-2018
  • Business
contestada

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

Respuesta :

andromache andromache
  • 01-10-2018

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.



Answer Link

Otras preguntas

[tex] - 7 = 5 + 3v[/tex]solve for v
Why were slaves the high demand in the southern colonies
One primary focus of substantive tests in the finance and investment cycle is on:
Why did gold-salt traders favor the involvement of the ghanaians in their trade? ghanaian experts ensured the genuineness of gold traded. the ghanaian army prot
color photographs often look better on which type of photo paper a. Matte b.Glossy c. Flat d. All photo papers will produce the same look
What is the solution of the following system of linear equations? −21 + 15x = 6y −5x + 2y = −8
HELP PLEASE I NEED IT ASAP
which is prohibited in a command economy?
what is the organizational pattern of the bill of right
How can child-care centers and homes encourage children from literacy-poor environments?