Investment by Company in Partnership Firm


This query is : Open 

17 March 2010 Hello friedns

I need ur opinion on the following matter :

A listed company has invested in a partnership firm as a partner. The capital account of the Company in the books of the Firm shows an overdrawn balance as at the date of balance sheet of the Company.
What would be the appropriate disclosure in the Company's balance sheet as per Sch VI?

17 March 2010 show as Investment in Balance sheet


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