plz help me in calculating value of closing balance of investment
Enayat Modiwala (IPCC) (48 Points)
03 April 2011plz help me in calculating value of closing balance of investment
Devendra
(Chartered Accountant)
(4775 Points)
Replied 03 April 2011
Current Investment is valued at Cost or Net Realisable Value (NRV).
Long Term Investment is valued at Cost.
Regards,
Devendra Kulkarni
CAclubindia
