AS-21
This query is : Resolved
17 February 2010
In solving Question of AS-21 cosolidation, we do Net worth Analysis. Can anybody tell me why we Bifurcate the Networth into Capital and Revenue?
26 February 2010
We bifurcate Networth into Capital and revenue so that the income of subsidery which it earns before acquisition is captlised.
I want to give u a simple example: If we purchase any assets the exp of before establishment is captlised and exp after it is charged to P&L.
Like it the income which earned by subsidery before acquisition is treated as capita income and income after acque. is treated as revenue income.
I want to give u a simple example: If we purchase any assets the exp of before establishment is captlised and exp after it is charged to P&L.
Like it the income which earned by subsidery before acquisition is treated as capita income and income after acque. is treated as revenue income.
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