Start learning →

Cheques and drafts on hand are shown under

ATrade receivables due
BOther current assets
CShort-term loans given
DCash and cash equivalents
Answer & Solution
Correct answer: D. Cash and cash equivalents
Cheques and drafts on hand are a listed head of cash and cash equivalents.
Practise this question with Quill — CA Inter →

Keep practising Schedule III Division I Financial Statements

Browse all Schedule III Division I Financial Statements questions for CA Inter, or explore more Accounting topics.

Start a Schedule III Division I Financial Statements lesson →
Related questions