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Disclosure of investments.

This query is : Resolved 

05 November 2009 I have taken membership in a society and i want to disclose it as an investment. How can i disclose it in case of a private limited company??
Please reply as its very urgent for me..

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Guest (Expert)
09 November 2009 You can not show membership fees as an investment.

Read AS 13 Accounting For Investments.

You have to recognize expense of membership fees paid


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