Stat of affairs
This query is : Resolved
ABDUL VAJEED
(Querist)
25 January 2012
Hi
In Stat of Affairs what we show on Asset side as "Investment in Bussiness" should it be the same what we show as capital in the business Balance sheet
In Stat of Affairs what we show on Asset side as "Investment in Bussiness" should it be the same what we show as capital in the business Balance sheet
CMA Ramesh Krishnan
(Expert)
26 January 2012
Investment in Business is the investment in other companies or firms. it is not capital of existing the business
ABDUL VAJEED
(Querist)
27 January 2012
Thank U ,
I understand that , I guess my qn was not clear . Actually The Stat of Affairs of my client does not show any invt because he has not invested in any co or firms , He has only one bussiness thats his own ,
In this situation i think that whats Shown as Investment in SOA sholud be the same what is shown as capital in his Business BS
Am i correct?
I understand that , I guess my qn was not clear . Actually The Stat of Affairs of my client does not show any invt because he has not invested in any co or firms , He has only one bussiness thats his own ,
In this situation i think that whats Shown as Investment in SOA sholud be the same what is shown as capital in his Business BS
Am i correct?
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