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Question
What are the items shown under the heading of "Investments" in the balance sheet?
Options
Government securities or trust securities
Investment in shares, debentures, and bonds of other companies
Immovable properties
All of these
MCQ
Solution
All of these.
Explanation:
Investments in government securities or trust securities, investment in shares, debentures, and bonds of other firms, immovable property, and so on are to be stated individually in the balance sheet under this heading.
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