Investments in mutual funds through sip
This query is : Resolved
CA Pooja Agarwal
(Querist)
01 April 2014
Hi Friends,
if someone invests in mutual funds through SIP mode i.e .Monthly.How it is shown in balance sheet at the end of the year.We assume its a long term Investment.
Thanks in anticipation
if someone invests in mutual funds through SIP mode i.e .Monthly.How it is shown in balance sheet at the end of the year.We assume its a long term Investment.
Thanks in anticipation
Rupesh Jain
(Expert)
03 April 2014
in balace sheet is show as investment as cost ( till B/S date amount invested)
under investment head.
under investment head.
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