Easy Office
LCI Learning

Cost of Shares

This query is : Resolved 
Avatar

Guest

Profile Image
Guest (Querist)
11 February 2011 I have 10000 Shares of A company and as a result of scheme of arrangement i got 4000 shares of B company.
Now how should i account for this transaction?
I need to know at what amount 4000 shares should be account for?
Profile Image

Sunil Kr. Sanganeria

Profile Image

Sunil Kr. Sanganeria (Expert)
11 February 2011 The cost incurred by you for purchasing 10000 shares of A Company will be cost of shares of 4000 of B Company.

In list of Investment only change the name of Company and number of shares.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links