Answer Posted / avinash kumar
Question is not clear, I suppose quest as , Investment in
share where to show in balance sheet?
Ans: First calculate the market price of share and compare
with actual cost (Purchase price) Lower of the two will be
taken to the balance sheet. If company want to sell in
short term within twelve months it will be shown under
CURRENT ASSETS as Short Term Investment and If company want
to hold for long term generally for more than twelve monts
it will be shown as Long Term Investment after Fixed Assets
(as per revised schedule vi non-current assets) but before
Current Assets in balance sheet
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
As you know account executives need to be talented salespeople. Do you have experience making sales?
how to pass entry in tally Rs 50000 cheque paid to son by father
shyam consigned 200000 unit @ rs 5/-each to mr ram and paid freight and insurance amounting to rs 100000.ram spent further following amount: 1) insurance rs 5000 2) godown rent rs 4000 3) clearing rs 6000 2000 unit were damages during transits due to heavy rains. Ram sold 100000 unit @rs 10 per unit . ram realisec solvage value of damage unit rs .2000 ram is get 5% commission on sale determine the abnormal loss?
How is an accounting department structured?
What do you find most satisfying about this job?
TDS %AGE ON CALLIBRATION CHARGES BILL
as muthoot finance is a finance co,so what would be pattern of asking in relation to finance and a/c question?will it be basic or general or it would be market related situation?plz if help me anybody...
what is mean by sample account and data transfer rule in SAP FI?
How do you classify errors in accounting?
Tell me what is an over accrual?
Company ABC split 1:3 on March 31, 2009 and split 3:1 on March 31, 2008. Date Close Price # of Shares Revised Closed Price Revised # of Shares June 15, 2009 $75.00 3000 $75.00 April 23, 2009 $72.00 2300 $72.00 March 31, 2009 $67.00 999 $ March 31, 2008 $275.00 300 $91.66 November 30, 2007 $233.00 6800 $77.66 October 6, 2006 $1,333.00 13000 $444.33
How to calculate ESI Please define what include in basic salary and what should be excluded from basic salary
"Trial Balance is not a comclusive proof of the accuracy of the books of accounts." Explain this statement and describe the errors which are not disclosed inspite of the agreement of trial balance.
Explain an example of a tough decision you had to make quickly?
What are the four classifications of bad and doubtful debts as per the context of the bank?