powered by logo

Forums

Back

Reclassification

Accountancy

Sir, In reclassification of Current to Long term investment, You mentioned Fair value and Actual Cost. Actual cost is The cost at the time of Purchase, and Fair Value is Value at the time of Reclassification., Am I right, Sir?? Video Details ------------- P1 - Accounting Standards - CA Inter AS 13 #6. Disposal, Reclassification and Disclosures


Jagadeesh Jaidev

Jagadeesh Jaidev

CA Inter

645

23-Jun-26 22:24

75

Answers (2)

Yes.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

24-Jun-26 09:43

Ok sir


Thread Starter

Jagadeesh Jaidev

Jagadeesh Jaidev

CA Inter

645

24-Jun-26 10:20

Your Reply