Investment

AKSHIT MALHOTRA (C.A Final Student) (1337 Points)

02 October 2011

HI FRNDS MAYBE THIS IS A USELESS TYPE OF QUESTION BUT I WILL ASK.

IF IN THE QUES.OF INVESTMENT EQ.SHARES FACE VALUE IS Rs 15 & BOOK VALUE IS Rs 10 WHICH FIGURE WILL BE TAKEN TO CALCULATE BAL B/D.

THNX IN ADV.

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6 Replies

CA RICHA BADALIA (CA,CS) (1682 Points)
Replied 02 October 2011

At book value or cost .

AKSHIT MALHOTRA (C.A Final Student) (1337 Points)
Replied 02 October 2011

RICHA MAM WHICH VALUE Rs 15 OR Rs 10.

CA RICHA BADALIA (CA,CS) (1682 Points)
Replied 02 October 2011

Rs 10

AKSHIT MALHOTRA (C.A Final Student) (1337 Points)
Replied 02 October 2011

MAM I DOUBT IS BOOK VALUE SAME AS FACE VALUE.

PL.TELL.

THNX A LOT.

siddharth jain (ca- ipcc) (197 Points)
Replied 03 October 2011

investment is taken at lower of cost or market value

you have to see in q what was cost for that share

face value may not be cost

AKSHIT MALHOTRA (C.A Final Student) (1337 Points)
Replied 03 October 2011

THANKS A LOT SIDDHARTH & RICHA MAM.

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