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Re : Investment

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Querist : Anonymous

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Querist : Anonymous (Querist)
31 May 2011 X company had purchased 100 shares of Y company at Rs. 30/- each , face value of Rs. 10/- each (Unquoted) , what is the accounting treatment of same in X company & how it will be reflected in Balance sheet (X Company).
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
31 May 2011 To be shown in investment if held for investment and if held for trading then as stock in trade.

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