Pl resolve my qqueries on accounting
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 September 2015
Dear Sir
Pl resolve my queries
If A ltd Company purchase or investment in share of company B ltd worth of 5 Lacs purchase in only Rs. 2 Lacs from any shareholder of B Ltd with emergency requirement
Now what will be the investment entries in the books of accounts
Should A company take entries with only 2 Lacs investment or with 5 Lacs investment with credit the profit of Rs. 3 lacs in capital reserve a/c ???
Pl resolve the queries
Regards
Vinit Goyal
M-9999426498
Pl resolve my queries
If A ltd Company purchase or investment in share of company B ltd worth of 5 Lacs purchase in only Rs. 2 Lacs from any shareholder of B Ltd with emergency requirement
Now what will be the investment entries in the books of accounts
Should A company take entries with only 2 Lacs investment or with 5 Lacs investment with credit the profit of Rs. 3 lacs in capital reserve a/c ???
Pl resolve the queries
Regards
Vinit Goyal
M-9999426498
22 September 2015
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