AS21
This query is : Resolved
22 January 2011
Debentures in books of holdin co.
(75000 of100 each ). - 75 lakhs
Subsidiary holds 45000 debentures standing in its books at 42 lakhs
How to consolidate and what will be effect of the same while analysing for capital and revenue?will3 lakh be considered as profit and added to revenue side of p&l a/c while analysing the capital and revenue chart if yes then why ?
Plz explain by journal entries in both the books
(75000 of100 each ). - 75 lakhs
Subsidiary holds 45000 debentures standing in its books at 42 lakhs
How to consolidate and what will be effect of the same while analysing for capital and revenue?will3 lakh be considered as profit and added to revenue side of p&l a/c while analysing the capital and revenue chart if yes then why ?
Plz explain by journal entries in both the books
24 January 2011
Rs. 3 lakhs is to be dajusted against reseve of subsidiary co.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Unanswered Queries
- HSN Details in IFF/GSTR-1 & in GSTR 9
- Tax on capital gains revoked us 54f
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Refund of AY 22-23
- Inventory of finished goods
- Applicability of Ind As to associate of associate
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Sale of property furniture sale
- Confusion around Form 26QB fields
- TDS Deduction Online Learing Platform
- Point (III) 9 of GSTR-9C
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- CASE INTIMATION OF LIABILITY UNDER SECTION 73(5)(Rule 142(1A)
- Need to correct "Whether it is last installment " response in Form 26 QB
- GSTR3B IMS Deshboard ( Rec. Solution )
Trending Online Classes
CAclubindia
