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Nature of investment a/c

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 October 2012 what is the nature of investment acc?
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CA Pooja Agarwal

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CA Pooja Agarwal (Expert)
19 October 2012 investment a/c is real account..can u be more specific with ur question?
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Querist : Anonymous

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Querist : Anonymous (Querist)
19 October 2012 thanks for replying....ok im doing the chapter "accounting for investments" (ipcc)...it is a chapter where we have to prepare investments accounts in the books of investor...say for eg. A has invested in 5% government bonds...here in the books of mr.A , investment acc is real as you said earlier?



thank you
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@VaibhavJ

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@VaibhavJ (Expert)
19 October 2012 Hi,

Yes..

Rgds//Vaibhav
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