investment in share in which account
Answer / avinash kumar
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 ? | 1 Yes | 0 No |
A loan of 10000 with 10% interest is fully due after 6 month. What will accrue differed, outstanding?
(a) What is special Audit under section 14AA of CEA? (cenvat credit Audit) (b) Who can conduct such audit? (c) Who can order such audit? (d) What is the time limit for submission of report
What and How to compute an unsecured balances?
FROM WHERE I WILL GET PREVIOUS QUESTION PAPER OF JUNIOR ACCOUNTS OFFICER TEST OF B S N L
How many accounting standards are currently published?
Difference Between Revenue & Capital Expenditure Give an Example of each ?
Describe the Balance Sheet?
What elements of your job do you find most difficult?
How Adjust The Amount Taken By Partners For Personal Use? Is The Entry For Drawings? Even If The Amt Exceed 5 Lakhs Or As Partners Loan If Its Not Recovered Even After 1 Year? Discribe All.
What is the definition of manual accounting?
What is cash flow and fund flow?
what is difference between rebate and discount? generally in bill of exchange accounting