what will the value of share stocks in balance sheet
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 March 2011
dear sir, please let me know that in balance sheet of a Individual on 31st March i am to show Investment in Shares : I am confused about vale of share stocks in balance sheet , 1. Should I take purchase cost or 2. Should I take market value as on 31st March.
If purchase cost is to be taken then can I include brokerage & other charges i.e. taxes etc. in cost of shares in balance sheet.
Please help me ... it very urgent.
Thanks in advance.
If purchase cost is to be taken then can I include brokerage & other charges i.e. taxes etc. in cost of shares in balance sheet.
Please help me ... it very urgent.
Thanks in advance.
10 March 2011
PURCHASE COST WILL HAVE TO BE SHOWN IN BAL SHEET OF INDIVIDUALS AT NET OFF BROKERAGES
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