What do you mean by the term cash and cash equivalent as per AS 3? From...
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What do you mean by the term "cash and cash equivalent" as per AS 3? From the following information of XYZ Limited, calculate cash and cash equivalent as on31-03-2019. Particulars Cash balance with Bank Fixed Deposit created on 01-11-2018 and maturing on 15-07-2019 Short Term Investment in highly liquid Sovereign Debt Mutual fund made on 01-03-2019 (having maturity period of less than 3 months) Bank Balance in a Foreign Currency Account in India (Conversion Rate: on the day of deposit 69/USD; * 70/USD as on 31-03-2019) Debentures purchased of 10 lacs of A Ltd., which are redeemable on 31st October, 2019 Shares of Alpha Ltd. purchased on 1st January, 2019 Amount (*) 10,000 75,000 1,00,000 $ 1,000 90,000 60,000 What do you mean by the term "cash and cash equivalent" as per AS 3? From the following information of XYZ Limited, calculate cash and cash equivalent as on31-03-2019. Particulars Cash balance with Bank Fixed Deposit created on 01-11-2018 and maturing on 15-07-2019 Short Term Investment in highly liquid Sovereign Debt Mutual fund made on 01-03-2019 (having maturity period of less than 3 months) Bank Balance in a Foreign Currency Account in India (Conversion Rate: on the day of deposit 69/USD; * 70/USD as on 31-03-2019) Debentures purchased of 10 lacs of A Ltd., which are redeemable on 31st October, 2019 Shares of Alpha Ltd. purchased on 1st January, 2019 Amount (*) 10,000 75,000 1,00,000 $ 1,000 90,000 60,000
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The cash flow statement shows inflows and outflows of cash and cash equivalents from various activit... View the full answer
Related Book For
Managing Information Technology
ISBN: 978-0131789548
6th edition
Authors: Carol Brown, Daniel W. DeHayes, Jeffrey A. Hoffer, Wainright E. Martin, William C. Perkins
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