Answer:
(D) non-current asset and reported under Investments
Explanation:
The total assets comprise of current assets, fixed assets, and the intangible assets
The current assets include cash, stock, account receivable, etc
which is up to one year
Fixed assets include plant & machinery, land, equipment, furniture & fittings, etc.
And, the intangible assets include patents, copyrights, goodwill, etc.
The fixed assets and the intangible assets have life for more than one year like 5 to 6 years or even more.
In the given question, the collection is made for other receivable which is to be reported under investments and considered as a non-current asset
