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Question on Investment

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Question on Investment

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.
Viewing 2 posts - 1 through 2 (of 2 total)
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    Posts
  • December 1, 2016 at 7:54 pm #352968
    edwardsam
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    To whom it may concern,

    Please, how do I treat investment in Treasury bills when its redeemed. I invested in treasury bills from one of our company bank account, at the date of redemption of the T-bills how best should I treat it.

    Thanks

    Edward

    December 2, 2016 at 8:35 am #353088
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23335
    • ☆☆☆☆☆

    Dr Cash

    Cr Asset (Investment in Treasury Bills)

    That’s an F3 level question

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