plzzz help


(Guest)

While preparaing the investments a/c,d sale proceeds of the rigth shares r to be taken 2 P/L a/c,but when investments r acquired on cum right basis & d market value of investments immediately after their becoming ex right is lower than d cost  & which they were acquired, it should be reduced from d carrying amount 

wht does cum rigth basis exactly means?? If d market value at  d end of d year is given& of immediately then wht be its treatment?

thanks in advance....