Investment In Chit funds Accounting Treatment
This query is : Resolved
01 August 2008
hi all,
Tell me the accounting entry required for invetsment in a chit fund company like SRi ram chits fund ,from the company point of view?
company name = X ltd.
Nature of deposit/advance = in cash/bank
Tell me the accounting entry required for invetsment in a chit fund company like SRi ram chits fund ,from the company point of view?
company name = X ltd.
Nature of deposit/advance = in cash/bank
02 August 2008
Investment in what form?
02 August 2008
Thanks for the reply.
Tell me the accounting entry required for invetsment in a chit fund company like SRi ram chits fund ,from the company point of view?
company name = X ltd.
Nature of deposit/advance = in cash/bank
Tell me the accounting entry required for invetsment in a chit fund company like SRi ram chits fund ,from the company point of view?
company name = X ltd.
Nature of deposit/advance = in cash/bank
09 August 2008
Detailed entries to this have already been given. Entries for Prized Amount, Dividend and Forema Commission have been explkained. Do u still need these?
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