Grand Company reported the following accounts at the end of reporting period; Petty cash fund 10 000 Payroll fund 100 000 Sinking fund cash 500 000 Sinking fund securities 1 000 000 Accrued interest receivable – sinking fund Securities 50 000 Plant expansion fund 600 000 Cash render value 150 000 Investment in property 3 000 000 Advances to subsidiary 200 000 Investment in associate 2 000 000 What total amount should be reported as non – current investments at the end of reporting period?
Grand Company reported the following accounts at the end of reporting period;
Petty cash fund 10 000
Payroll fund 100 000
Sinking fund cash 500 000
Sinking fund securities 1 000 000
Accrued interest receivable – sinking fund
Securities 50 000
Plant expansion fund 600 000
Cash render value 150 000
Investment in property 3 000 000
Advances to subsidiary 200 000
Investment in associate 2 000 000
What total amount should be reported as non – current investments at the end of reporting period?
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