AS 13 Accounting for investment

Accountancy

What does the 3400 in the credit side indicate?

Sujitha M

CA Inter

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22-Jul-24 13:03

335

Answers (2)

On 31 Mar 2015 Investment has been valued at Market value (4000*105=4,20,000) and the difference between books and Market value is transferred to P&l Here it is loss 3400, so p&l is balancing fig

R Yashwanth Kumar

CA Final

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23-Jul-24 09:22

Thank you very much

Thread Starter

Sujitha M

CA Inter

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23-Jul-24 11:20