How to treat rare currency in accounts fixed asset or current asset ?

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Purchase of fixed assets on credit terms
Posted by:
Ahmed kandil
01-April-2015

Major Accounts Accounting Asset Pricing Fixed Asset Management

Question added by Feroz K
Date Posted: 2014/05/21

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3 Answers

by lina alonaizat , موارد بشريه ومحاسبة , TQ trading company

SURE AS CURRENT ASSET

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Mokhtar Mohammed

by Mokhtar Mohammed , Cost Accountant , Al Moallim United Co.

Fixed Assets

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Sridhar Rajagopal

by Sridhar Rajagopal , Financial Controller , Sai Krishna Bio Tech

Cash and Bank Balances does not fall under Fixed asset in classification It would be stay as current asset cos of its nature of liquidity

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