Author Topic: Quick Question (Read 1343 times) Tweet Share

Nelle · « **on:** June 09, 2009, 09:25:06 am »

Is interest from the term deposit classified as an operating activity or an financing activity?

Flaming_Arrow · « **Reply #1 on:** June 09, 2009, 09:28:18 am »

operating

mtwtfss · « **Reply #2 on:** June 09, 2009, 09:39:52 am »

Yup ^

Nelle · « **Reply #3 on:** June 09, 2009, 10:05:28 am »

Thanks guys

What about the classification of the term deposit in the balance sheet, current or non-current?

Flaming_Arrow · « **Reply #4 on:** June 09, 2009, 10:09:06 am »

Thanks guys
What about the classification of the term deposit in the balance sheet, current or non-current?

if its within 12 months, current if not non-current

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