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Categories >> Accounting >> Accounting General
 
 


 

 
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Question
investment in share in which account
 Question Submitted By :: Accounting-General
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
Question is not clear, I suppose quest as , Investment in
share where to show in balance sheet?

Ans: First calculate the market price of share and compare
with actual cost (Purchase price) Lower of the two will be
taken to the balance sheet. If company want to sell in
short term within twelve months it will be shown under
CURRENT ASSETS as Short Term Investment and If company want
to hold for long term generally for more than twelve monts
it will be shown as Long Term Investment after Fixed Assets
(as per revised schedule vi non-current assets) but before
Current Assets in balance sheet
 
Is This Answer Correct ?    0 Yes 0 No
Avinash Kumar
 

 
 
 
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On monday my interview in TCS as an general accounts executive some one tell me about there process its realy urgnet for me how may process of interview i want to passout for selection and which type of question i will face at the time of intervew its urgnet for me please guide me for succuessful interview its realy needful for me my question is any one having aptitude test paper sample TCS 1
 
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