Accountin g treatment of shares
This query is : Resolved
Anmol Chugh
(Querist)
14 September 2016
Dear Experts
i had purchased 500 shares of value 200 rs each and i i show them as investments in my balance sheet...i have a query that if the price of a share at the ending date of my balance sheet changes to 500 should i value them at 500rs or rs.200?
please help.
Amol S Joglekar
(Expert)
14 September 2016
No, not required. Since we are NOT following "market value" approach
Anmol Chugh
(Querist)
14 September 2016
so i should value it at ₹200 each?
Amol S Joglekar
(Expert)
15 September 2016
that you have already done, right? So no any extra treatment for the year end.
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