What is the treatment of current investments in cashflow statement?
Dear Student,
Unless otherwise stated, current investments are treated as 'Cash and Cash equivalents'. So, opening balance of current investments will be added to opening balance of cash/bank and closing balance of current investments will be added to closing balance of cash/bank.
Unless otherwise stated, current investments are treated as 'Cash and Cash equivalents'. So, opening balance of current investments will be added to opening balance of cash/bank and closing balance of current investments will be added to closing balance of cash/bank.