Under which of the following categories would bonds held as an investment for less than a year appear?
A) long-term assets
B) current assets
C) long-term liabilities
D) current liabilities

Question

Quizplus · Accepted Answer

Bonds held as an investment for less than a year would appear under current assets on the balance sheet because they are expected to be converted into cash within a short period of time.

Under Which of the Following Categories Would Bonds Held as an Investment