Securities held as stock-in-trade held by an entity are:

CA Intermediate · Advanced Accounting · MTP · September 2024
Securities held as stock-in-trade held by an entity are:
(A) Investments
(B) Not Investments
(C) May or may not be Investments
(D) Not an asset for entity

Suggested Answer and Working Notes:

Correct Answer: Option (B)

Not Investments

Topics: AS 2

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