Question :
Pick the odd one out:
Option 1: Cash in hand
Option 2: Cash at bank
Option 3: Marketable Securities
Option 4: Non-current Investments
Correct Answer: Non-current Investments
Solution : Non-current investments is odd as it is the only one which is not a cash and a cash equivalent.
Hence the correct answer is option 4.
Receipts and Payments Account does not include
The founder of the independent Sikh state was :
An account akin to Profit and Loss Account in
A debit closing balance of Receipts and
Which of the following show the debit balance
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