Start learning →

Bank balances held as margin money are

AShown as investments
BDisclosed separately
CShown as provisions
DMerged with cash
Answer & Solution
Correct answer: B. Disclosed separately
Balances held as margin money or security against borrowings and guarantees are disclosed separately.
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