How do you identify the amount of realised gain or loss on
the disposal of an investment asset?
Answer / guest
By reference to the carrying value in the balance sheet. *
If the asset is valued at market value in the balance sheet
(at the previous period end) then the realised gain or loss
is the difference between the sales proceeds and the market
value at that date. * If the asset is valued at cost in the
balance sheet (e.g. at the previous period end or because
it was purchased since the previous period end) then the
realised gain or loss is the difference between the sales
proceeds and the cost.
| Is This Answer Correct ? | 2 Yes | 0 No |
how accountant calculatee depriciation
what do Loan Loss Coverage Ratio mens describe it with examples?
Short Answer on _______Appropriation
can you give a answer of below question bco'z I think I will confuse u or i am confused? suppose u deposit amt 50000 ( for one Year) on which u get 4%int per annuam (simple int) give me a journal entry for int ?
what is bank rate?
9 Answers State Bank Of India SBI, Syndicate Bank,
How does the profit is affected by the loan.
All type question of hr person askeing to the interviwe
ACCOUNTING STANDARDS ISSUED BY INSTITUE OF CHARTERED ACCOUNTANCY INDIA FOR PREPARING FUND FLOW STATEMENT
expand W C T
Do v call director in the partnership firm?
why gross profit transfering to profit & loss account
where the closing stock appear in Trial Balance?
17 Answers Vibgyor High School,