there co's business only give loan to other co..
and in old balance sheet some share and debenture stock available...
is applicalbe RSS on this co...
and on what is AS applicable on stock AS-2 or AS-13
Lalit Nyati (Student) (487 Points)
03 December 2012there co's business only give loan to other co..
and in old balance sheet some share and debenture stock available...
is applicalbe RSS on this co...
and on what is AS applicable on stock AS-2 or AS-13
Yogesh Bhandari
(CA FINAL Student)
(429 Points)
Replied 03 December 2012
AS-2 not applies on shares, only AS-13 would be followed. Further, general framework applied if the co. is not covered in specific statutory framework requirement for Financial statements.
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