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

Amol S Joglekar

Amol S Joglekar (Expert)
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22 September 2015 Please specify the details in a neat and unambiguous manner, please.

It is NOT creating any meaningful sentence, please.

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