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

Question

Quizplus · Accepted Answer

Bonds held as an investment for more than a year would appear under long-term assets on the balance sheet. Long-term assets are assets that are expected to help generate revenues over a long period of time, typically more than one year.

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