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7 April, 12:00

Aster Inc. invested $20,000 in bonds that will mature in eleven months. Where will Aster record this investment?

A.

current assets

B.

fixed assets

C.

investments

D.

owner's equity

+2
Answers (1)
  1. 7 April, 13:38
    0
    Aster should record the investment under the C. investment section of the spreadsheet. An investment is that is held for a small period of time, like this one at eleven months maturity is a short term investment. Short term investments are held for a short period time so it won't take long to receive your return on investment.
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Home » Business » Aster Inc. invested $20,000 in bonds that will mature in eleven months. Where will Aster record this investment? A. current assets B. fixed assets C. investments D. owner's equity
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