Treatment of govt security in balance sheet
deep mahintamani (student) (92 Points)
23 September 2013
under which head of the balance sheet govt security will be shown?
deep mahintamani (student) (92 Points)
23 September 2013
CA. Mayur
(Service)
(147 Points)
Replied 23 September 2013
I believe its investment in G-Sec, therefore it should be discloused under Investment schedule.
deep mahintamani
(student)
(92 Points)
Replied 23 September 2013
Ashok
(Industry)
(416 Points)
Replied 12 December 2013
depends on the investment instrument. What is the exact instrument - nsc certificates or g-secs? and why did you invest? surplus funds or is it some sort of deposit needed by a supplier/customer etc.
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
CAclubindia
