Which of the following is not an example of cash and cash equivalent balances held by the entity that are not available for use?

CA Intermediate · Advanced Accounting · RTP · May 2026
Which of the following is not an example of cash and cash equivalent balances held by the entity that are not available for use?
(A) balance in unpaid dividend account;
(B) balance in bank account as Fixed deposits
(C) earmarked bank balances for specific purposes. Examples: bank account for debenture redemption, dividend payment etc.
(D) balance in bank account subject to legal restrictions.

Suggested Answer and Working Notes:

Correct Answer: Option (B)

balance in bank account as Fixed deposits

Topics: AS 9

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