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Accountancy

Current investment should be valued at lower of COST or fair value. Here cost means historical cost or carrying cost

Krishnan K

CA Inter

★ 5K+

01-Oct-23 15:34

260

Answers (6)

Historical cost

CA Suraj Lakhotia

Admin

01-Oct-23 15:48

CA Suraj Lakhotia Admin

Historical cost

Thank you sir

Thread Starter

Krishnan K

CA Inter

★ 5K+

01-Oct-23 15:50

CA Suraj Lakhotia Admin

Historical cost

Sir here we are acquiring investment by issuing securities. It means here we are issuing our own company securities( fresh issue). as consideration to acquire investment Am I right sir.

Thread Starter

Krishnan K

CA Inter

★ 5K+

01-Oct-23 16:05

Thread Starter

Krishnan K

Sir here we are acquiring investment by issuing securities. It means here we are issuing our own company securities( fresh issue). as consideration to acquire investment Am I right sir.

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Screenshot_2023-10-01-15-57-54-74_2b00637fb5ae19be7de422e642f85679.jpg

Thread Starter

Krishnan K

CA Inter

★ 5K+

01-Oct-23 16:05

Thread Starter

Krishnan K

Sir here we are acquiring investment by issuing securities. It means here we are issuing our own company securities( fresh issue). as consideration to acquire investment Am I right sir.

own securities.

CA Suraj Lakhotia

Admin

04-Oct-23 16:13

CA Suraj Lakhotia Admin

own securities.

Thank you

Thread Starter

Krishnan K

CA Inter

★ 5K+

04-Oct-23 16:21