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Basic query in accounting

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(Querist)
19 October 2013 Investment a/c
If cost of current Investment at the year end=Rs93413 and Market value of investment at the year end=Rs Rs94050

In the above context:
Q1)Whether Difference of Rs637 will be Recognise in profit and loss a/c?If not Why?

I will be very much thankful to you.
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Sanket

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Sanket (Expert)
19 October 2013 Closing value of investment is valued at cost, as it is lower than the market value.
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pavankumar

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pavankumar (Querist)
19 October 2013 Is it correct to say in the above situation that difference of Rs 637 will not recognised as profit because it is Unrealised Gain.?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
19 October 2013 you can recognise the profit/loss on investment only on sale of such investment, market value just indication of your investment value, unless you sell the investment the gain cannot be recognised in the books.
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