what is the journal entry for Holding Company making investment in Subsidiary Company?
2 Replies
CA Amit Kanani
(Practicing CA)
(338 Points)
Replied 02 August 2010
Same as regular entry.
Shares in Sub. Co.A/c Dr. (investment)
To Cash/Bank/Kind
Prasanth Nair V
(ACA,ACS,CWA Final,Mcom)
(557 Points)
Replied 02 August 2010
Same entry, as u are making Investments in any other Company..
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