Depending on the maturity date,held-to-maturity debt investments are categorized as current assets or long-term assets on the balance sheet.

Question

Quizplus · Accepted Answer

Depending on when the maturity date occurs, held-to-maturity debt investments will be classified as either current assets or long-term assets on the balance sheet. If the maturity date is within one year, then it will be classified as a current asset. If the maturity date is longer than one year, it will be classified as a long-term asset.

Depending on the Maturity Date,held-To-Maturity Debt Investments Are Categorized as Current